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    3 Replies Latest reply on Mar 7, 2010 9:18 AM by LUCKIEST

    Would Closing my LLC be the best thing to do

    Captain2211 Newbie
      I have a LLC open since 2006 I didn't have any profit only have a bank account, That I deposit small amount to keep it active plus I haven't file the tax since 2006. Now I have the bank account in collection and I check the state status and I have to pay the Reinstatement fee to get it bank in good standing with the state and file all the past due taxes return with IRS. would it be best to just pay those this and keep the LLC and then change it S corp or close it and start a whole new company as a S corp.