For starters, filing the 8832 to have an LLC "treated like an S-Corp" for tax purposes, changes absolutely nothing for what you need to do. If you want the IRS to treat your LLC "like an S-Corp" then the business must "act" like an S-Corp. It's subject to all the laws, rules, regulations and requirements of an S-Corp. Additionally, the 8832 is *FOR TAX PURPOSES ONLY* and nothing else. That means if a client sues your business, they are suing your LLC which does not have the same "veil of protection" as an S-Corp does. Your 8832 S-Corp election is only recognized by the IRS and that's it. So for example, if I'm suing your business, I'm not suing you in tax court. I'm suing you at the state level or lower and your S-Corp election means nothing to the lower court, since it's registered in your state as an LLC.
Additionally, the quarterly filing requirements imposed on an S-Corp of the state your business is registered in (even though it's registered as an LLC) must be adhered to, to maintain your IRS recognition by the IRS as an S-Corp "for tax purposes only".
So filing the 8832 changes nothing. You still have to close the LLC with the IRS, and transfer all assets to the S-Corp.
