I started s corp in March 1, 2014 and i got letter form irs i need to file form 941 by 07/31/2014 which is the 2nd quarter. My question is since I have no employees and won't have it until beginning july 1, 2014, can i send a 2nd quarter 941 with no employees ?

As an S corp owner/shareholfder, you are an EE of the S corp . So, UNLESS you earned any income and paid yourself as an EE, you do not need to file Form 941 quarterly basis with the IRS; S-corp owners are especially vulnerable to forgetting because they may have only one employee: themselves. Form 941 is a quarterly federal tax return form that reports employee wages and the amount of tax withheld from the employees' checks. Your Form 941 is due by the last day of the month that follows the end of the quarter. Quarter One (January, February, March): Form 941 is due on April 30. Quarter Two (April, May, June): Form 941 is due on July 31.or etc. So aslongas you paid yourself in March of 2014, you ned to fiel form 941 by Apr 31 of 2014. You can avoid paying penalties and interest if you do all of the following: Deposit or pay your taxes when they are due, using EFTPS if required , if not voluntarily.
Note; The fastest way to get audited as an S-Corp is to file an 1120S with no amount showing on Form 1120S Line 7 "Compensation of Officers." It is assumed by the IRS that no one works for free, and so the IRS has said over and over again that officers of the corporation must receive wages (reported on line 7). As an owner-employee of the S-Corp, you must pay yourself a salary, and pay payroll taxes on your salary, even if the business is losing money.however, you do not necessarily pay yourself a salary aslongas the S corp takes losses

Thanks for the info. I am a member of a different s corp that will close on June 30, 2014 so I will still get a salary from there. I will start working on my new s corp in July 2014 so i will start getting salary from that date. Is this still ok

Correct; the different S corp closing on June 30, 2014 has nothing to do with your LLC to be taxed as an S corp;slongas you filed an election on Form 2553 no more than two months and 15 days after the beginning of the first year, I mean by March 15th 2013, that it wants to be treated as an S corp and you may file f 1120s for your 2013 return.or I guess aslongas you filed an election on Form 2553 no more than two months and 15 days after the beginning of the first year, I mean by March 15th 2014, then you will be able to file 1120s for your 2014 return, not 1065