Tried to form an LLC with S corp using legalzoom, created an actual corporation by mistake. How to undo?
I'm the sole owner and have no partners or employees. I meant to create an LLC that files taxes as an S corp, but I apparently misread what I was doing on legalzoom and... well, here I am, sole shareholder of a corporation.
I know I can convert the corporation to an LLC in my state (WA) but the process is lengthy and requires a lawyer. I'm open to just letting it die/ignoring it and starting a new LLC and just moving on.
Will that come back to bite me? Will the IRS expect me to be filing tax returns forever for the new corporation?
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