capital80014

Hey Jack, Sorry for the lack of detail in my question. crazy long day! It's a single member S Corp, It used to be an LLC 5 years ago(I'm familiar with the 60 months limitation rules) I do understand the difference between the 4 types of corporate structure. i'm in first year doing taxes and bookkeeping, so i'm not deeply submerged in the different forms and implementations. Again, I apologize for not being clear enough and truly appreciate everyone's time.

The only reason why this client wants to convert from S corp to LLC is because he doesn't want to run a payroll system. his currents assets aren't that much.

Hello everyone. I have a new client who's business is set as an S Corp and never had a payroll system in place. Now, he wants to become an LLC since he doesn't make as much as he used to and also to be in compliance with the IRS Looking in the IRS website, I've only came across forms to do the opposite ( LLC TO S CORP) Any help about how to do the conversion is appriciate it Thanks