Partners in a partnership and members of an LLC taxed as a partnership or S Corporation are taxed at the personal income tax rate, 3.07 percent. To complete online returns and payments for this tax, use the Philadelphia Tax Center.For help getting started, see our tax center guide. S corporations must make a timely filing of Form 2553 with the IRS. This guide will help you file formation documents, get tax identification numbers, and set up your company records. Guide to the easiest way to file your Pennsylvania Annual Report. PTEP in annual PTEP accounts of the S corporation. See Notice. 2019-01. --The bylaws of a business corporation may provide for the number and the time of meetings of shareholders. Complete your annual reconciliation form.