---
title: Are there any ongoing requirements after electing S-Corp status?
description: "Yes, there are several ongoing requirements after electing S-Corp status to maintain compliance with the IRS: Reasonable Compensation: S-Corp owners must pay themselves a reasonable salary, which is s"
---
[Skip to content](https://help.doola.com/are-there-any-ongoing-requirements-after-electing-s-corp-status-doola-help-center#main-content)
[More support](https://help.doola.com/kb-tickets/new?hsLang=en)
- [Co-founder AI](https://app.doola.com/ai-cofounder)
- [doola blog](https://www.doola.com/blog/)
- Contact Us
Show submenu for Contact Us
- [Support Team](https://share.hsforms.com/2N-Eu7D6cR4uFMRWloX-gQwdsvv8)
- [Sales Team](https://www.doola.com/demo/?wpforms-44587-field_34=demo)
- [Track Support Tickets](https://help.doola.com/help-center)
Open main navigation
Close main navigation
- [Co-founder AI](https://app.doola.com/ai-cofounder)
- [doola blog](https://www.doola.com/blog/)
- Contact Us
Show submenu for Contact Us
- [Support Team](https://share.hsforms.com/2N-Eu7D6cR4uFMRWloX-gQwdsvv8)
- [Sales Team](https://www.doola.com/demo/?wpforms-44587-field_34=demo)
- [Track Support Tickets](https://help.doola.com/help-center)
- [More support](https://help.doola.com/kb-tickets/new)
- [Contact us](https://help.doola.com/how-to-contact-doola-support-doola-help-center)
[Contact us](https://help.doola.com/how-to-contact-doola-support-doola-help-center?hsLang=en)
How can we help you?
- There are no suggestions because the search field is empty.
1. [doola Help Center](https://help.doola.com/?hsLang=en)
2. [Start a Company](https://help.doola.com/start-a-company?hsLang=en)
3. [S-Corporation](https://help.doola.com/start-a-company?hsLang=en#s-corporation)
# Are there any ongoing requirements after electing S-Corp status?
Yes, there are several ongoing requirements after electing S-Corp status to maintain compliance with the IRS:
1. **Reasonable Compensation**: S-Corp owners must pay themselves a reasonable salary, which is subject to payroll taxes. This salary should be in line with what similar positions would earn in the market.
2. **Payroll and Employment Taxes**: As an S-Corp owner-employee, you’re required to handle payroll, including withholding federal income taxes, Social Security, and Medicare taxes from your salary, and paying the employer portion of those taxes.
3. **Filing Form 1120-S**: S-Corps must file an annual corporate tax return (Form 1120-S), which reports the business's income, deductions, and credits. You’ll also need to issue Schedule K-1s to shareholders for reporting their share of the profits on their personal tax returns.
4. **Ongoing Record Keeping**: S-Corps are expected to maintain proper records of business transactions, including meeting minutes for major decisions and proper documentation for salary payments and profit distributions.
5. **Compliance with State Requirements**: Depending on your state, you may need to file annual reports or pay state fees to keep your S-Corp in good standing.
Staying on top of these requirements is essential to maintaining your S-Corp status and avoiding penalties.
- [About doola](https://help.doola.com/about-doola?hsLang=en)
- [Plans and Services](https://help.doola.com/plans-and-services?hsLang=en)
- [Start a Company](https://help.doola.com/start-a-company?hsLang=en#main-content)
- [S-Corporation](https://help.doola.com/start-a-company?hsLang=en#s-corporation)
- [General](https://help.doola.com/start-a-company?hsLang=en#general)
- [Overseas Direct Investment (ODI) Compliance (India only)](https://help.doola.com/start-a-company?hsLang=en#overseas-direct-investment-odi-compliance-india-only)
- [Compliance](https://help.doola.com/start-a-company?hsLang=en#compliance)
- [LLC and C-Corporations](https://help.doola.com/start-a-company?hsLang=en#llc-and-c-corporations)
- [EIN & ITIN](https://help.doola.com/ein-itin?hsLang=en)
- [Required Filings & Deadlines](https://help.doola.com/required-filings-deadlines?hsLang=en#main-content)
- [Federal (IRS) Tax](https://help.doola.com/required-filings-deadlines?hsLang=en#federal-irs-tax)
- [Sales Tax](https://help.doola.com/required-filings-deadlines?hsLang=en#sales-tax)
- [Taxes & Ongoing Compliance](https://help.doola.com/taxes-ongoing-compliance?hsLang=en#main-content)
- [Tax Preparation](https://help.doola.com/taxes-ongoing-compliance?hsLang=en#tax-preparation)
- [IRS Payments](https://help.doola.com/taxes-ongoing-compliance?hsLang=en#irs-payments)
- [General Questions](https://help.doola.com/general-questions?hsLang=en)
- [doola Analytics (Reports & Insights)](https://help.doola.com/doola-analytics-reports-insights?hsLang=en)
- [doola Books and Dedicated Bookkeeping](https://help.doola.com/doola-books-and-dedicated-bookkeeping?hsLang=en#main-content)
- [doola Bookkeeping](https://help.doola.com/doola-books-and-dedicated-bookkeeping?hsLang=en#doola-bookkeeping)
- [doola Invoicing](https://help.doola.com/doola-books-and-dedicated-bookkeeping?hsLang=en#doola-invoicing)
- [doola Books Navigation](https://help.doola.com/doola-books-and-dedicated-bookkeeping?hsLang=en#doola-books-navigation)
- [Referrals & Rewards Program](https://help.doola.com/referrals-rewards-program?hsLang=en)
- [Amazon US](https://help.doola.com/amazon-us?hsLang=en)
- [Payments](https://help.doola.com/payments?hsLang=en)
- [Mailing Services](https://help.doola.com/mailing-services?hsLang=en)
[](http://doola.com)
[mailto:email@email.com](mailto:email@email.com)
Copyright © 2026, doola