When does it make sense to setup an LLC? What are the financial obligations re fees and admin costs? Will I pay same tax rate?

Regarding the sponsorship piece, you should seek a qualified immigration attorney. Generally, however, regarding your LLC question - in California,...

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Can my dad still sign a check on his account if he gave me power of attorney?

Yes, if your dad still owns the account and is listed as a signatory, he can sign checks on the account. A power of attorney lets you act on behalf...

When can I withdrawal my contributions I put into a Roth IRA without penalty? I have heard it's 5 years and others said anytime.

You should speak with the qualified banker selling the Roth IRA product to you. This information, found online at Schwab, may also be helpful to...

If the word "sister" is already trademarked in class 25 which is for clothing, then if you used the word "sister" on your clothes, you could be...

How do i change a sole propietorship to a limited partnership?

You have several options available to you for forming a business with someone else - it sounds like you are going from solo to bringing on another...

Should we proceed now for CA tax-exemption using option (1) or (2)? For (2), how to get the 1023-EZ to apply retroactively?

Generally, CA will provide state tax-exempt status if you've already been granted tax-exempt status at the federal level. Because the Form 1023 can...

If I'm added as a board member for a nonprofit that I have nothing to do with does that give me any liability exposure?

Yes, it could. Do not agree to be listed as a board member if you have no relationship with the organization and no involvement or knowledge of the...