Some smart corporate fish here surely have a resource that can explain to a dummy the whole S Corp vs. PC vs. PLLC. Why would a solo practitioner pick one over the others? Assume the state makes all available.

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S corp is a tax election, the others are types of entities. S corps make sense for sole practitioners once their income exceeds a certain amount that makes the compliance costs worth it.

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Also-if the solo practitioner plans to own real estate, be sure to put the real estate in a separate LLC and lease it back to the S-corp entity! It is not tax-advantageous to hold real property in S-corps!

There’s corp tax calculators to determine what is best for your write offs

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Also, PC and PLLCs don’t exist in every state and are typically only used for various professions, i.e. medicine. For instance, I’m currently doing the corporate structuring for a veterinary practice and they can only be formed under PCs and PLLCs in New York, as opposed to an LLC or corporation. New Jersey, on the other hand, doesn’t have a PLLC form at all.

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Don’t assume facts outside the hypothetical.

So in other words, no one really knows other than the S Corp election distinction.

The link I gave is what we sent to clients for our small business clinic.
If you want someone to spell things out for you, hire a lawyer.

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