Obtain Your Federal Tax ID and Make Your S Corporation Election If Desired. You can do this on your own by downloading the information from the IRS website, www.irs.gov or have BizFilings handle it for you. It typically takes from 3 to 14 days, depending on whether its fax filed or mailed to get a Federal Tax ID. S Corporation Election must be completed within a few months after incorporating, so be sure to promptly get and read the IRS documents carefully to determine your deadline.

Open Your Bank Account. After you receive your certificate from the state, articles of incorporation and Federal Tax ID for your company, you can proceed to the bank to open an account for the corporation. Be sure to bring these documents with you to the bank.

File Follow-up Documents. Some states require filing of followup documents within a certain number of days of incorporating. Be sure you are aware and comply with those obligations. Also, be sure to take your articles to your county office and get a business license for your county.

Consult with an Attorney at Least Once a Year. To complete your company's minutes, annual meeting and other corporate procedures, have an attorney aid you in completion of these documents.