Hey everyone I'm new here and I really need some advice. This is my first company and I'm kind of lost. My partner and I started an s-corporation for our new company several months back. Our official start date for the company was October 10th, 2010. We are registered in Michigan. I got a letter from the government saying we need to file a report. We also have to file company taxes coming up shortly after the new year. We haven't made any money yet. In fact our first product, which is a website doesn't launch until February. It's not even done yet, we're still building it. So we don't have any income yet. How do I file our report, what do we say on the report and how do we file our taxes? Are we going to have to pay anything out in taxes even though we haven't made anything yet?