Hello everyone!

I have a question for you all that has come up within my company. When a disregarded entity, which is typically a single-member LLC for tax purposes, decides to transform into a partnership by adding an additional member through an amendment, is it necessary for the LLC to request a reclassification with the IRS using Form 8832 before filling the new income tax form? And what if an LLC that operates as a partnership loses a member, leaving only one member, does it need to request reclassification as a disregarded entity as it will no longer present a form 1065?

Thank you!!!