C-corp, llc, or s-corp?

Can someone please list some specific examples of how one is better than the other. I understand about the double tax on c-corp so why would I want to choose this over an s-corp or llc. They all seem to have the same protection, so why an s-corp over an llc. They both let you pass loss or profit to your 1040. as far as write offs it seems like an exspense is an exspense. How does an s-corp or a c-corp favor over an llc for write offs. My business will be an contracting company in Louisiana, Any advice would be greatly appreciated

C-corp, llc, or s-corp?
From purely a tax standpoint of a small business, s-corps and llc's offer similar expensing advantages over that of a c-corp. S-corps, were in fact designed for small business owners.





However, if your intent is to eventually take on additional outside investors to fund your company's growth, then the c-corp structure is more advantageous. The reason is that a c-corp is designed for additional investment simply by issuing shares (this right is part of the C-corp's structure). With a s-corp, this is less easily done since s-corp shares are classified as "small company stock" which restricts the type of institutional investors may hold the stock. The LLC is the hardest to take on new investors since the LLC agreement would need amending to take on new investors.





But you are correct, if the only issue you are grappling with is liability protection, then they all offer similar levels of protection provided that you keep the company's activities seperate from your own finances. From a tax expensing standpoint, s-corp and LLC's are pass through structures while c-corp's are doublely taxed.

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