Generally, if your LLC already has an Employer Identification Number (EIN), you will not need to get a new EIN when you convert to an S corp. If your LLC does not meet these requirements, you must address these issues before proceeding. In this week’s blog we will look at the US Federal Tax Implications of converting a Single Member Limited Liability Corporation (LLC) to a Corporation or Multi Member LLC. For example, if you file the election on January 1, 2021, the election must take effect no earlier than…