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P.C. (Personal Company) vs. LLC

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Real Estate Agent with Equity Real Estate - Davis Co. Office

I have established an LLC long ago.  Every December I review its benefits and plan for the new year.  I was informed, however, that a PC (Personal Company) is the best way to go.  Anybody who has set up can tell me a little more about its benefits/pitfalls? 

My volume is now to a point where my taxes are getting a little scary and New Years is now a season of despair, more than a season of hope.  I want to start 2007 with full control of my taxes, my liabilities, etc.

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