# Corporation - Triple Bottom Line - Profit - People - Planet ## Categories - Partnership - Unlimited personal liability - Taxed as personal income - Limited Liability Company (LLC) - Limited personal liability - Taxed as personal income - S Corp - Must meet specific Internal Revenue Code - Limited to 100 shareholders, must be U.S. citizens of residents. - Limited personal liability - Taxed at individual tax rates. - C Corp - A legal entity separate from owners - Limited personal liability - Subject to corporate income tax - Must adhere to strict corporate formalities and reporting requirements. - Benefit Corp (B-Corp)