Similar situation, client had 3 entities in MD - A, B, C.
Moved to Tennessee and dissolved all 3 MD entities.
Registered B&C in TN. B&C are LLC's, B is an S Corp for tax purposes, C will remain a 3 member LLC. Done with C for now.
Entity A&B offer similar tech services, so the client wants to combine A&B.
I know it's confusing. A was the original company with client the only shareholder. B was started with another business associate who held a 40% member interest (another story altogether). Client bought out the other member 2 years ago. Seems there is really no logical reason for the client to keep A&B as separate entities.
One of my ?? was answered below, sounds like no new EIN, etc. Businesses simply moved with the taxpayer.
By dissolving A and combining services, etc. with B is a new S-election required? B will keep the name.
No equipment or fixed assets as the businesses are 100% service, intellectual property.
Based on my understanding with the dissolution of A the assets (cash) and liabilities (credit card) will be distributed to B?
Bottomline I'm struggling with the mechanics. How best to set-up. I'm probably overthinking but any resources that might get me on the right track would be greatly appreciated.