Find out the basics of holding an annual meeting for your S corporation. 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. Hold annual meetings​​ The IRS requires that an S corporation hold an annual meeting. S corps must hold annual shareholder and board meetings to follow corporate formalities. The S corp election is a request filed with the IRS to change your business's tax status. We meet with our attorney face to face at their place to do a necessary Stockholders and Board of Directors Meeting as part of an SCorp's rules. Some corporations must hold annual meetings and draft annual meeting minutes for satisfying their business compliance responsibilities. Join us for this compelling meeting in Detroit, Mich. , with high-profile sessions, as well as many opportunities for networking and learning about the region.