Annual S Corporation Filing Requirements for all 50 States

If you currently are a freelancer, sole proprietor or independent contractor you very likely could see some great tax benefits by switching to an INC or LLC that files its taxes as an S-corp. You will also get enhanced liability protection for your personal assets. The only bummer is keeping up with the annual S corporation filing requirements.

But in my opinion the tax and liability benefits are well worth it. You can learn more about all that by reading this article I wrote…Independent Contractor Taxes & How to Incorporate (and Save Money).

Some of what I describe in that article are the following requirements…
1) Annual corporate meetings and minutes
2) File annual state and federal tax returns
3) Annual S Corporation filing requirements for each state

This majority of this post is dedicated to the last of those items, with the intention of giving you a decent breakdown of what each state requires. But I’ll quickly discuss the the first two as well.

1) Annual Corporate Meetings and Minutes

Most states require that corporations hold regular shareholder meetings and keep minutes of such meetings. If the company is owned by just you, this means you literally “have a meeting” with yours. And you as the secretary take “minutes” or notes.

States have most of the s corporation filing requirements.

However, the reality is that S corporation meeting minutes are not required to be filed with the state, so you literally keep these documents in your desk or filing cabinet. No one is coming around to confirm they are in your desk though.

That said, if you undergo and audit, the state or IRS may ask for them. So it’s probably good to keep up on. All of the incorporation services will provide you with a template to use, which makes it easy.

S corporation meeting minutes would contain the following information, generally speaking.
-The location of the meeting and the date
-The attendees of the meeting
-A description of the matters discussed (if any)
-Any results of votes take on particular items (if any)

2) File Annual State and Federal Tax Returns

Federal Tax Return

Being an S-Corp is an actual tax specific entity, that is separate from your personal tax life, so you have to file a tax return for it. You would do this before you file your personal tax return, because the profits or loss from you business would flow through to your personal tax return via a K1.

The date for filing your Corp return is March 15th
The date for filing your personal return is April 15th

The form you use to file an s-corp return is IRS form 1120-S. Your personal return is filed using IRS for 1040.

Instead of a social security number, it has what is a called an employer tax identification number (EIN). So when you file your corp tax return it is linked to this number. Just like your personal tax return is linked to your social security number.

State Tax Return

State tax returns and/or minimum entity taxes vary by state. Even states that have no personal income tax, may actually have corporate tax.

I can say that because S-corps pass all profits to the owner via a K1, most likely any tax liability for s-corp profits would be handled on the owners personal returns.

That said, some states do have a minimum tax, that an entity must pay to the state, just for having the entity, regardless of whether the entity was profitable or not. This is often called a privilege tax or Franchise Tax

I should also note again, that qualify as an S corporation, an IRS Form 2553 must be filed with the Internal Revenue Service. In very few states, you will also be required to file a separate state election, as specified by that state, in order to qualify as a Sub S Corporation. Only Arkansas, New Jersey, New York, Ohio and Wisconsin require state level filing in addition to IRS filing (As far as I currently know, but things change, so double check)

CPAs

As always you need to either consult with a CPA when it comes to filing your taxes, or perhaps use a service like H&R block or Turbo tax as a cheaper alternative.

Filing requirements for s corporations include state tax returns.

3) Annual S Corp Filing Requirements and/or minimum business tax for each state


DISCLAIMER:

I consider this list a great place to start, but because requirements can change over time, you should go to your state’s Secretary of State website to confirm the information. I have included the various state sites you would need to go to in order to complete these filings, so that will make it easier to check.

I have also noted in my list any state minimum entity tax that I am aware of…but the list is not full proof in that sense. It’s hard to do this because sometimes the minimum tax is based on the entity revenue.

Also in some states the “minimum” business tax is represented by the fee to file your “annual report”, meaning they are one-in-the same. But in other states (like in CA) you have to pay a fee for your annual report and pay a minimum state tax.

And finally, I like to make it clearly know that I am not a licensed Attorney or CPA, so please use this information as a guide only.


Click on the state to jump down the page.

Alabama
Alaska 
Arizona 
Arkansas 
California 
Colorado 
Connecticut
Delaware 
Florida 
Georgia 

Hawaii 
Idaho 
Illinois
Indiana 
Iowa 
Kansas 
Kentucky
Louisiana
Maine 
Maryland 
Massachusetts
Michigan 
Minnesota 
Mississippi 
Missouri 
Montana
Nebraska 
Nevada 
New Hampshire 
New Jersey 
New Mexico 
New York 
North Carolina 
North Dakota 
Ohio
Oklahoma 
Oregon 
Pennsylvania
Rhode Island 
South Carolina 
South Dakota 
Tennessee 
Texas 
Utah 
Vermont 
Virginia 
Washington
Washington DC
West Virginia 
Wisconsin 
Wyoming

ALABAMA Annual S Corp Filing Requirements

Requirements

  • Annual Report
    • Frequency: Annually
    • Due: Annual Year: April 15th
    • All Alabama C corporations and S corporations must include an Alabama Annual Report (Schedule AL-CAR) WITH the business tax return. The filing fee is $10.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Alabama business privilege tax is based on the net worth of the business entity and is levied on business entities. Generally, the minimum business privilege tax is $100
    • Schedule AL-CAR is filed with Business Privilege Tax Return is accepted in lieu of a separate Annual Report. C Corps must file Form CPT. S Corps must file Form PPT.

SOS / ANNUAL FILINGS:
https://www.alabamainteractive.org/sos/welcome.action

STATE INCOME / ENTITY TAXES:
https://revenue.alabama.gov/audience/businesses/

EMPLOYER TAX REGISTRATION:
https://labor.alabama.gov/employers.aspx

ALASKA Annual S Corp Filing Requirements

  • Initial Requirement
    • Domestic (Alaskan) Entities are required to file within 6 months of creation. Failure to file will cause non-compliance and may lead to administrative dissolution. 
    • Due Date: Within 6 months of the date of formation. 
    • Filing Fee: $0
  • Annual Report
    • Frequency: Biennially
    • Due Date: By January 2nd of the filing year.
    • Filing Fee: $100
    • Entity organized or qualified in even-numbered years must file in even-numbered years; those in odd-numbered years file in odd-numbered years.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://alaska.gov/businessHome.html

STATE INCOME / ENTITY TAXES:
http://tax.alaska.gov/programs/index.aspx

EMPLOYER TAX REGISTRATION:
https://labor.alaska.gov/employer/

ARIZONA S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: Corporations are required to file an Annual Report with the Arizona Corporation Commision. The Annual Report is due by the anniversary date of the filing.
    • Filing Fee: $45
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://azsos.gov/business

STATE INCOME / ENTITY TAXES:
https://azdor.gov/business

EMPLOYER TAX REGISTRATION:
https://des.az.gov/content/applying-unemployment-insurance-tax-account-number

ARKANSAS Annual S Corporation Filing Requirements

  • Initial Requirement
    • Initial report due May 1st of the year following formation or qualification.
  • Annual Report
    • Frequency: Annually
    • Due Date: May 1st
    • You will pay the franchise tax stated below with your report.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Arkansas has both a corporation franchise tax and a graduated corporate income tax.
    • For stock corporations, the tax is 0.3% of the value of the corporation’s outstanding stock with a minimum tax of $150.

SOS / ANNUAL FILINGS:
https://www.sos.arkansas.gov/business-commercial-services-bcs

STATE INCOME / ENTITY TAXES:
https://www.dfa.arkansas.gov/cba/businesses

EMPLOYER TAX REGISTRATION:
https://atap.arkansas.gov/

CALIFORNIA S Corporation Filing Requirements

  • Initial Requirement
    • The initial Statement of Information filing is due within 90 days of the entity formation date. 
  • Annual Statement of Information
    • Frequency:Annually
    • Due Date:During six-month period ending on the last day of the anniversary month of incorporation or qualification.
    • Filing Fee:$25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • The California Franchise Tax Board requires that all corporations registered in the State of California pay a franchise tax. For new corporations, the minimum franchise tax is $800 per year. However, Franchise Tax  is waived the 1st year for corporations. 
    • Annual Fee:  $800 (minimum)

SOS / ANNUAL FILINGS:
https://www.sos.ca.gov/business-programs/

STATE INCOME / ENTITY TAXES:
https://www.ftb.ca.gov

EMPLOYER TAX REGISTRATION:
https://www.edd.ca.gov/employers.htm

COLORADO S Corporation Filing Requirements

  • Annual Report
    • Frequency:Annually
    • Due Date:During the three-month period beginning with the first day of the entity’s anniversary month of incorporation.
    • Filing Fee: $10
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Colorado does not have any franchise or privilege tax generally applicable to businesses.

SOS / ANNUAL FILINGS:
https://www.sos.state.co.us/pubs/business/businessHome.html

STATE INCOME / ENTITY TAXES:
https://www.colorado.gov/pacific/tax/businesses-page

EMPLOYER TAX REGISTRATION: 
https://www.colorado.gov/pacific/tax/how-apply-withholding-account

CONNECTICUT Annual S Corp Filing Requirements

  • Initial Requirement
    • The initial annual report filing is due within 30 days of the entity formation date.
    • Initial Filing Fee:$150
  • Annual Report
    • Frequency: Annually
    • Due Date:Last business day of the anniversary month of incorporation.
    • Filing Fee:$150
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Effective January 1, 2020, the $250 Business Entity Tax (BET) has been eliminated, per the CT gov website.

SOS / ANNUAL FILINGS:
https://portal.ct.gov/SOTS/Business-Services/BSD

STATE INCOME / ENTITY TAXES:
https://portal.ct.gov/Services/Revenue/State-Business-Taxes

EMPLOYER TAX REGISTRATION: 
https://www.ctdol.state.ct.us/uitax/RegisterReq.htm

DELAWARE Annual S Corp Filing Requirements

  • Annual Report
    • Report is combined with Franchise Tax Report below.
    • The Annual Report filing fee for all other domestic corporations is $50.00 plus franchise taxes due.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Delaware Franchise Tax Report
    • Frequency: Annually
    • Due Date:  March 1st
    • Minimum Tax is $175, Maximum Tax is $400

SOS / ANNUAL FILINGS:
https://corp.delaware.gov

STATE INCOME / ENTITY TAXES:
https://corp.delaware.gov/paytaxes/

EMPLOYER TAX REGISTRATION: 
https://revenue.delaware.gov/services-for-the-business-taxpayer/

FLORIDA Annual S Corporation Tax Return Filing Requirements

  • Annual Report
    • Frequency:Annually
    • Due Date:May 1st
    • Filing Fee:$150
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://dos.myflorida.com/sunbiz/

STATE INCOME / ENTITY TAXES:
https://floridarevenue.com/taxes/taxesfees/Pages/corporate.aspx

EMPLOYER TAX REGISTRATION:
http://www.floridajobs.org

GEORGIA Annual S Corp Filing Requirements

  • Initial Requirements
    • All corporations must publish a notice of intent to incorporate in a newspaper which is the official legal organ of the county where the initial registered office of the corporation is to be located.  The notice should be published once a week for two consecutive weeks and it should contain the name of the corporation, the name of the registered agent and the address of the registered office in Georgia.
    • Within 90 days of incorporation, each Georgia corporation that has a business start date between January 1–October 1 must file with the Secretary of State an initial annual registration that lists 3 principal officers – CEO, CFO and Secretary.
    • Georgia corporations that have a business start date between October 2 – December 31 must file with the Secretary of State an initial annual registration during the 1st quarter of the year after the the business effective date.
  • Annual Report
    • Frequency: Annually
    • Due Date: April 1st
    • Filing Fee:$50
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • GA charges net worth tax to pass-through S corporations. Net worth is based on capital stock, paid in surplus, and retained earnings. The tax is graduated, and ranges from a minimum nothing for $100,000 or less of net worth up to a maximum of $5,000 for net worth over $22 million.

SOS / ANNUAL FILINGS:
https://sos.ga.gov/index.php/corporations

STATE INCOME / ENTITY TAXES:
https://dor.georgia.gov/taxes/business-taxes

EMPLOYER TAX REGISTRATION:
https://dol.georgia.gov/online-services

HAWAII Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: The annual report or annual statement due date is dependent on the registration date. If the registration falls between:
      • January 1 and March 31, the annual report or statement is due by March 31 of each year;
      • April 1 and June 30, the annual report or statement is due by June 30 of each year;
      • July 1 and September 30, the annual report or statement is due by September 30 of each year;
      • October 1 and December 31, the annual report or statement is due by December 31 of each year;
    • Filing Fee:$15
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://portal.ehawaii.gov/#business

STATE INCOME / ENTITY TAXES:
https://tax.hawaii.gov/eservices/

EMPLOYER TAX REGISTRATION: 
https://labor.hawaii.gov

IDAHO Annual S Corporation Filing Requirements 

  • Annual Report
    • Frequency: Annually
    • Due Date: Within 60 days immediately preceding first day of anniversary month.
    • Filing Fee: $0
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • S corporations are required to pay a minimum tax of $20. S corporations must also pay $10 for each shareholder for whom it pays the Idaho income tax due.

SOS / ANNUAL FILINGS:
https://sosbiz.idaho.gov/forms/business

STATE INCOME / ENTITY TAXES:
https://tax.idaho.gov/i-1044.cfm

EMPLOYER TAX REGISTRATION: 
https://www2.labor.idaho.gov/ibrs/ibr.aspx

ILLINOIS Annual S Corporation Filing Requirements

Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: Within 60 days immediately preceding first day of anniversary month.
    • Filing Fee: $75 + minimum $25 franchise tax.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • minimum $25 franchise tax

SOS / ANNUAL FILINGS:
https://www.cyberdriveillinois.com/departments/business_services/business_not-for-profit/home.html

STATE INCOME / ENTITY TAXES:
https://www2.illinois.gov/rev/businesses/Pages/default.aspx

EMPLOYER TAX REGISTRATION: 
https://www2.illinois.gov/ides/employers/Unemployment_Taxes_and_Reporting/Pages/TaxEmployerInformation.aspx

INDIANA Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Biennially
    • Due Date: Last day of the anniversary month of formation or qualification.
    • Filing Fee: $30
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://www.in.gov/sos/business/index.htm

STATE INCOME / ENTITY TAXES:
https://www.in.gov/dor/3335.htm

EMPLOYER TAX REGISTRATION: 
https://www.in.gov/dor/business-tax/withholding-income-tax/

IOWA S Corporation Filing Requirements

  • Annual Report
    • Frequency: Biennially
    • Due Date: April 1st of even numbered years.
    • Filing Fee: $30
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://sos.iowa.gov/#

STATE INCOME / ENTITY TAXES:
https://tax.iowa.gov/businesses

EMPLOYER TAX REGISTRATION: 
https://tax.iowa.gov/businesses/business-permit-registration

KANSAS Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date:  Calendar Year: April 15
    • Fiscal Year:15th day of the 4th month after the close of the tax year. 
    • Filing Fee:$50
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • According to the Kansas DOR, there is no Kansas franchise tax for tax year 2011 and after.

SOS / ANNUAL FILINGS:
https://sos.kansas.gov/business/

STATE INCOME / ENTITY TAXES:
https://www.ksrevenue.org/business.html

EMPLOYER TAX REGISTRATION: 
https://www.kansasemployer.gov/uitax/account/Register.aspx?ReturnUrl

KENTUCKY Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: Between January 1st and June 30th.
    • Filing Fee: $15
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find.

SOS / ANNUAL FILINGS:
kentucky sos business search

STATE INCOME / ENTITY TAXES:
https://revenue.ky.gov/Business/Pages/default.aspx

EMPLOYER TAX REGISTRATION: 
https://onestop.ky.gov/start/Pages/statetax.aspx

LOUISIANA S Corporation Filing Requirements

  • Annual Report
    • File Annually
    • Due on or before the 1st day of the anniversary month of organization.
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • The initial corporation franchise tax is $110. 
    • $1.50 for each $1,000 or major fraction thereof up to $300,000 of capital employed in Louisiana, and $3 for each $1,000 or major fraction thereof in excess of $300,000 of capital employed in Louisiana.

SOS / ANNUAL FILINGS:
https://www.sos.la.gov/BusinessServices/Pages/default.aspx

STATE INCOME / ENTITY TAXES:
https://revenue.louisiana.gov/Businesses

EMPLOYER TAX REGISTRATION: 
https://laors2.laworks.net/lastarsregistration

MAINE Annual S Corp Filing Requirements

  • Annual Report
    • File Annually
    • Due June 1st
    • Filing Fee:$85
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Franchise tax is imposed on banks and financial institutions.

SOS / ANNUAL FILINGS:
https://www.maine.gov/sos/cec/corp/index.html

STATE INCOME / ENTITY TAXES:
https://www.maine.gov/revenue/incomeestate/homepage.html

EMPLOYER TAX REGISTRATION: 
https://www5.informe.org/cgi-bin/online/suwtaxreg/index

MARYLAND S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: April 15th
    • Filing Fee:$300
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
https://egov.maryland.gov/BusinessExpress/

STATE INCOME / ENTITY TAXES:
https://www.marylandtaxes.gov

EMPLOYER TAX REGISTRATION: 
https://www.marylandtaxes.gov/business/index.php

MASSACHUSETTS Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: 2½ months after the close of the fiscal year.
    • Filing Fee: $109
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • The amount of corporate excise tax that an S corporation generally is required to pay depends in part on the corporation’s gross receipts.
    • S corporations are required to pay a minimum excise tax of $456.

SOS / ANNUAL FILINGS:
https://www.sec.state.ma.us/cor/coridx.htm

STATE INCOME / ENTITY TAXES:
https://www.mass.gov/business-taxes

EMPLOYER TAX REGISTRATION: 
https://www.mass.gov/how-to/apply-for-an-employer-identification-number-ein

MICHIGAN S Corporation Tax Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: May 15th
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://www.michigan.gov/som/0,4669,7-192-29943—,00.html

STATE INCOME / ENTITY TAXES:
https://www.michigan.gov/taxes/0,4676,7-238-43519_59553—,00.html

EMPLOYER TAX REGISTRATION: 
https://www.michigan.gov/taxes/0,4676,7-238-43519_43531-155476–,00.html

MINNESOTA Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: December 31st
    • Filing Fee:$0
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • There is a minimum tax on a sliding scale.
    • The tax is $0 for revenues less than $1,040,000

SOS / ANNUAL FILINGS:
https://mblsportal.sos.state.mn.us/Business/Search

STATE INCOME / ENTITY TAXES:
https://www.revenue.state.mn.us/s-corporation-tax

EMPLOYER TAX REGISTRATION: 
https://www.uimn.org/employers/help-and-support/employer-user-guide/register-new-account.jsp

MISSISSIPPI Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: April 15th
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • franchise tax for S corporations is based on an element of a business’s net worth.
    • There is a minimum franchise tax of $25

SOS / ANNUAL FILINGS:
https://www.sos.ms.gov/BusinessServices/Pages/default.aspx

STATE INCOME / ENTITY TAXES:
https://www.dor.ms.gov/Business/Pages/Corporate-Income.aspx

EMPLOYER TAX REGISTRATION: 
https://tap.dor.ms.gov/_/#1

MISSOURI Annual S Corporation Filing Requirements 

  • Initial Requirement
    • Initial Annual Report: Corporations are required to file  the Initial Annual Report within 90 days of the Date of Incorporation.
  • Annual Report
    • File Annually
    • Due on the last day of the corporation’s anniversary month; must be within 90 days after the due date.
    • Filing Fee: $20
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • It appears that businesses started at 2016 don’t have to pay a franchise tax.

SOS / ANNUAL FILINGS:
https://www.sos.mo.gov/business

STATE INCOME / ENTITY TAXES:
https://dor.mo.gov/business/

EMPLOYER TAX REGISTRATION: 
https://dor.mo.gov/business/withhold/

MONTANA Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: April 15th
    • Filing Fee: $15
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://sosmt.gov/business/

STATE INCOME / ENTITY TAXES:
https://mtrevenue.gov/taxes/pass-through-entities/s-corporations/

EMPLOYER TAX REGISTRATION: 
https://mtrevenue.gov/taxes/wage-withholding/opening-a-new-account/

NEBRASKA Annual S Corporation Filing Requirements

  • Initial Requirement
    • Publication Requirement:Domestic Nebraska corporations must publish a notice of incorporation, amendment or merger for three successive weeks in some legal newspaper of general circulation in the county where the corporation’s principal office or its registered office is located.  The notice shall show, the corporate name, the number of shares the corporation is authorized to issue, the street address of the corporation’s registered office and the name of its registered agent along with the name and address of each incorporator.
  • Annual Report
    • Frequency: Biennially
    • Due Date: April 1st of each even-numbered year.
    • Filing Fee: $26
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Nebraska’s corporation occupation tax applies to traditional corporations and S corporations.
    • It is a biennial tax and is based on a business’s net worth. This appears to be filed along with the annual report, or may be the same filing.
    • The specific fee due is based on the amount of paid-up capital stock in the corporation. The tax is graduated, with fees ranging from $26 for $10,000 or less of paid-up capital stock to $23,990 for more than $100 million of paid-up capital stock.

SOS / ANNUAL FILINGS:
https://sos.nebraska.gov/business-services/business-services-division

STATE INCOME / ENTITY TAXES:
https://revenue.nebraska.gov/businesses

EMPLOYER TAX REGISTRATION: 
https://revenue.nebraska.gov/businesses/register-your-new-business-online

NEVADA Annual S Corp Filing Requirements 

  • Initial Requirement
    • The Initial Annual Report and Business License are filed with the  articles of incorporation. There is a fee of $350 for these.
  • Annual Report and Business License
    • File Annually
    • Due by the last day of the anniversary month of filing.
    • Filing Fees: $650
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://www.nvsos.gov/sos/businesses

STATE INCOME / ENTITY TAXES:
https://tax.nv.gov/Forms/Modified_Business_Tax_Forms/

EMPLOYER TAX REGISTRATION: 
http://ui.nv.gov/ess.html

NEW HAMPSHIRE Annual S Corporation Filing Requirements

  • Annual Report
    • File Annually
    • Due April 1st
    • Filing Fee: $100
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • While NH has no personal income tax, it does have business tax.
    • It has two types in form of Business Enterprise Tax (BET) and Business Profits Tax (BPT)
    • The “minimum” is zero, but after a certain amount of revenue or company value, you start having to pay tax.

SOS / ANNUAL FILINGS:
https://sos.nh.gov/

STATE INCOME / ENTITY TAXES:
https://www.revenue.nh.gov/assistance/tax-overview.htm

EMPLOYER TAX REGISTRATION: 
https://www.nhes.nh.gov/services/employers/register.htm

NEW JERSEY S Corporation Filing Requirements

  • Initial Requirement
    • All new business entities in New Jersey are required to file Form NJ-REG to be registered for tax and employer purposes. Filing Form NJ-REG ensures that the business is registered under the correct tax   identification number and that it will receive the proper returns and notices. The NJ-REG, must be filed within 60 days of filing the new business entity, there is no fee for this filing.
  • Annual Report
    • File Annually
    • Due last day of the anniversary month of Incorporation.
    • Filing Fee:$50
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find.

SOS / ANNUAL FILINGS:
https://www.nj.gov/njbusiness/

STATE INCOME / ENTITY TAXES:
https://www.state.nj.us/treasury/taxation/businesses.shtml

EMPLOYER TAX REGISTRATION: 
https://www.njportal.com/DOR/BusinessRegistration

NEW MEXICO Annual S Corporation Filing Requirements

  • Annual Report
    • File Biennially
    • Due before the 15th day of the 3rd month after the close of the fiscal year.
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

NEW YORK Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Biennially
    • Due Date: During the anniversary month of incorporation.
    • Filing Fee: $18
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

NORTH CAROLINA Annual S Corp Filing Requirements

  • Annual Report
    • Annually
    • Due April 15th
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

NORTH DAKOTA Annual S Corp Filing Requirements

  • Annual Report
    • Annually
    • Due August 1st
    • Filing Fee: $25
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

OHIO S Corporation Tax Filing Requirements

  • Annual Report
    • Frequency: Ohio corporations are currently not required to file annual reports.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

OKLAHOMA Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: July 1st
    • Filing Fee: $0
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

OREGON Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date:On or before the anniversary of corporation’s date of incorporation.
    • Filing Fee: $100
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

PENNSYLVANIA Annual S Corp Filing Requirements

  • Initial Filing Requirements
    • Pennsylvania will require your corporation to notify the public of its formation by publishing a notice of incorporation, or intent to incorporate in two newspapers general circulation (including a legal journal, if possible) in the county where your registered agent will be located. The publication must include the proposed name of the corporation and a statement that the corporation will be or has been incorporated under the provisions of the Business Corporation Law of 1988. 
    • Publication RequirementDue: No due date
    • Publication Fee: Varies by newspaper 
  • Annual Report
    • Decennially in years ending with the number “1”.
    • Due any time during the reporting year.
    • Filing Fee: $70
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

RHODE ISLAND Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: November 1st
    • Filing Fee:$53
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Minimum tax is paid via a state tax return.
    • An entity treated as an S corporation for federal tax purposes shall be required to file Form RI-1120S and pay the annual minimum of $450

SOS / ANNUAL FILINGS:
https://www.sos.ri.gov/divisions/business-services

STATE INCOME / ENTITY TAXES:
http://www.tax.ri.gov

EMPLOYER TAX REGISTRATION: 
https://www.ri.gov/taxation/BAR/

SOUTH CAROLINA Annual S Corporation Filing Requirements

  • Annual Report
    • Domestic and foreign corporations, as well as professional corporations file SC 1120 Corporation Tax Return. The form has a corporate annual report included on page three. Deliver this form by mail to SC Department of Revenue with the Federal return attached.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • South Carolina’s corporate license fee (corporation license tax), which applies to both traditional corporations and S corporations, is essentially a franchise tax based on net worth. 
    • There is a minimum license fee of $25.
    • The license fee is due at the same time as the annual corporate income tax return.

SOS / ANNUAL FILINGS:
https://sos.sc.gov/online-filings/business-entities

STATE INCOME / ENTITY TAXES:
sc business tax

EMPLOYER TAX REGISTRATION: 
https://mydorway.dor.sc.gov/_/#1

SOUTH DAKOTA Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: During the anniversary month of incorporation.
    • Filing Fee: $30
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

TENNESSEE Annual S Corporation Filing Requirements

  • Annual Report
    • Due by 1st day of 4th month following the close of the fiscal year.
    • Filing Fee:$20
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • If you are a corporation, limited partnership, limited liability company, or business trust chartered/organized in Tennessee or doing business in this state, then you must register for and pay franchise and excise taxes.
    • Franchise tax – 0.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100.
    • Excise tax – 6.5% of Tennessee taxable income
    • There are some exemptions available.

SOS / ANNUAL FILINGS:
https://sos.tn.gov

STATE INCOME / ENTITY TAXES:
https://www.tn.gov/revenue/

EMPLOYER TAX REGISTRATION: 
https://www.tn.gov/workforce.html

TEXAS S Corporation Filing Requirements

  • Annual Report
    • Due annually between January 1st and no later than May 15th.
    • There is no charge for the Public Information Report.
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Franchise Tax Report due between January 1st and no later than May 15th.
    • The Franchise Tax Fee is based on the revenue of the Corporation.

SOS / ANNUAL FILINGS:
https://www.sos.state.tx.us/index.html

STATE INCOME / ENTITY TAXES:
https://comptroller.texas.gov

EMPLOYER TAX REGISTRATION: 
https://twc.texas.gov

UTAH Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: Due by the last day of the anniversary month of the filing.
    • Filing Fee: $12
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

VERMONT Annual S Corp Tax Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date:  The Calendar Year: February 14th.
    • Fiscal Year: Within 2½ months after end of the fiscal year.
    • Filing Fee:$45
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

VIRGINIA Annual S Corporation Filing Requirements 

  • Annual Report
    • Frequency: Annually
    • Due Date: Last day of the anniversary month of incorporation.
    • Filing Fee: $100 (minimum according to shares)
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

WASHINGTON Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: Last day of anniversary month of incorporation or qualification.
    • Filing Fee: $60
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • INFO COMING SOON

SOS / ANNUAL FILINGS:
COMING SOON

STATE INCOME / ENTITY TAXES:
COMING SOON

EMPLOYER TAX REGISTRATION: 
COMING SOON

WASHINGTON, DC Annual S Corp Tax Filing Requirements

  • Annual Report
    • File Biennially
    • Due April 1st
    • Note: Starts with year after incorporation or qualification; then each second year thereafter.
    • Filing Fee: $300
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • DC does not recognize the federal S corporation election and taxes S corporations like traditional (C-type) corporations.
    • The corporate franchise tax is assessed at a flat rate of 8.25%. (Rates have varied over the years.) The tax is based on net income derived from business in DC.
    • There is a minimum tax of $250 if DC gross receipts are $1 million or less. If DC receipts are greater than $1 million, there is a $1,000 minimum tax

SOS / ANNUAL FILINGS:
https://business.dc.gov/startbusiness

STATE INCOME / ENTITY TAXES:
https://otr.cfo.dc.gov/service/business-taxpayers

EMPLOYER TAX REGISTRATION: 
https://business.dc.gov/quick/9749

WEST VIRGINIA Annual S Corporation Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date: June 30th
    • Filing Fee: $0
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • None that I could find

SOS / ANNUAL FILINGS:
https://sos.wv.gov/business/Pages/default.aspx

STATE INCOME / ENTITY TAXES:
https://sos.wv.gov/business/Pages/default.aspx

EMPLOYER TAX REGISTRATION: 
https://workforcewv.org/unemployment/employers/registration

WISCONSIN Annual S Corporation Filing Requirements

  • Annual Report
    • File Annually
    • Due date based on anniversary date
    • Domestic:Jan 1 – Mar 31: Mar 31
    • Apr 1 – Jun 30: Jun 30
    • Jul 1 – Sep 30: Sep 30 
    • Oct 1 – Dec 31: Dec 31
    • Foreign: During first calendar quarter of each year following the calendar year in which foreign corporation was authorized to transact business.
    • Filing Fee: $26
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • The general corporate tax is called a Franchise Tax. But it mostly applies to C-corps.
    • They also have an economic development surcharge which applies to C corporations and most S corporations when they have at least $4 million or more in gross receipts.
    • The surcharge is the greater of: 3% of net business income attributable to Wisconsin; or $25.
    • the surcharge may not exceed $9,800

SOS / ANNUAL FILINGS:
https://onestop.wi.gov

STATE INCOME / ENTITY TAXES:
https://www.revenue.wi.gov/Pages/Businesses/home.aspx

EMPLOYER TAX REGISTRATION: 
https://www.revenue.wi.gov/Pages/Businesses/New-Business-home.aspx

WYOMING Annual S Corp Filing Requirements

  • Annual Report
    • Frequency: Annually
    • Due Date:On or before the 1st day of the anniversary month of incorporation.
    • Filing Fee: $52
  • Minimum Business Tax, Franchise Tax or Privilege Tax
    • Wyoming has annual license tax
    • The license tax is a tax on a business’s assets in Wyoming, and is $50 or two-tenths of one mill per dollar of assets ($.0002), whichever is greater.

SOS / ANNUAL FILINGS:
https://wyobiz.wy.gov/Business/DefaultBD.aspx

STATE INCOME / ENTITY TAXES:
http://revenue.wyo.gov

EMPLOYER TAX REGISTRATION: 
http://wyomingworkforce.org/businesses/ui/

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