I have not really decided if I want to do this but doing quarterly taxes, state and local taxes, and all the other nonsense for my Corp is just a major PITA given the Corp made a whopping $3k last year .

I am debating if I want to restructure, if I can, from a full C-Corp to an S-Corp and just put this income on my personal taxes or I may just disolve the Corp.  I started the Corp when I was laid off and I was going to start a business and be done with working for someone else but then I was made an offer I could not refuse.

One of the bigger reasons I have been putting off a decision is because the 8 or so NFA items that I have that are on Form 4s in the Corp name (4 MGs, 1 SBR, 3 Supressors).  I know we can do a Tax Free transfer when a person dies.  

Is there also a similar mechanism where if a Corp disolves that I can do a tax free transfer to say a Trust or possibly a former execuative of the Corp (I am president and CEO - also only person in the Corp other then my wife ).

I am just getting tired of the paperwork and cost and while the Corp had it's benifits at one time, I am growing tired of the extra work that comes with it.  My Accountant costs me more then I make

Corp maintenance was one of the reasons I went the Trust route.

:-(

What happens when one corp buys another?  If you create an LLC (one time $125 fee to the state) can the initial assets of Corp A become the property of Corp B?

An LLC can buy assets from a Corp, but they will still have to pay a transfer fee.

ETA: But once the assets belong to the LLC, the Corp can be dissolved. If the LLC buys all of the Corp's shares, you will still have to deal with maintaining the Corporation.

Quoted: Corp maintenance was one of the reasons I went the Trust route. :-(

I want to keep NFA at my family's place in Florida and that's the reason I'm going to use a trust.

S versus C Corporations is an IRS distinction, not a legal one, so changing to an S Corp will not change the status of your corporation to anyone but the IRS.