qualified small business stock

How to Convert a California LLC to a Delaware C-Corporation Without Triggering Unexpected Taxes or Losing Contracts

Business Formation and Structure / Jack Gilbert

Converting a California LLC to a Delaware C‑corporation can often be structured as a tax-deferred reorganization under IRC §351, but missteps can trigger immediate gain, built-in gain exposure, or franchise tax surprises. Founders pursue Delaware C‑corps for venture financing, equity plans, and predictable corporate law, yet California’s “doing business” rules and contract-assignment clauses still apply. […]

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How to Qualify for the IRS Qualified Small Business Stock (QSBS) 1202 Exclusion When Selling a C-Corp in 2026

If you meet IRC §1202’s QSBS rules, you can exclude up to 100% of gain—capped at the greater of $10 million or 10× your basis—when you sell eligible C‑corp stock in 2026. The exclusion is powerful but technical, and small missteps in entity structure, assets, redemptions, or holding period can destroy eligibility. This article explains