After you have created a login account, select Corporations from the top horizontal menu, and select Initial Report from the pull down menu. Look up your business; complete and submit the report; and pay the fee. If you need information on the pros and cons of a S-Corporation, consult a lawyer or a business authority. More @Wikipedia
Hover over any link to get a description of the article. Please note that search keywords are sometimes hidden within the full article and don't appear in the description or title.