Most states require that S corporations keep meeting minutes. Here's what you need to know about minutes, why you should keep them, and how they should be kept.This S Corp checklist is a great tool that you can use to make sure that you comply with all requirements and set your business up for success. The corporation must file Form CT-6 on or before June 9 of the year it was incorporated to be a New York S corporation for that first. For the following RITA Members, S-Corp distributive shares that do not represent wages are generally not taxable and should not be reported on Form 37:. If an LLC has elected S Corp tax status, its annual meeting obligation stays the same as its underlying business structure.