Carol Sycip

Carol Sycip, CPA

Manager

Industry: Agribusiness

Location: Anaheim, CA

Carol Sycip has 10 years of public accounting experience, including eight years with Frazer LLP.
Her focus on dairy and other agricultural clients has made her particularly astute in partnership accounting. Prior to Frazer LLP, she worked eight years in private hospitality industry, including hotels and restaurants. Carol is fluent in the Taiwanese dialect of Hokkien and has a working knowledge of Mandarin.

Industry/Business Specialties:

  • Hospitality

Key Service Areas:

  • Partnership and individual taxation
  • Tax planning and compliance
  • Tax research
  • Issuance of financial statements
  • Property tax statements
  • Cash flow projections

Education:

California State University, Dominguez Hills
Carson, CA
Bachelor of Science, Accounting (Cum Laude)

Golden Gate University
Los Angeles, CA
Master of Science, Taxation (High Honors)

Professional Associations and Activities:

  • American Institute of Certified Public Accountants
  • California Society of Certified Public Accountants

Published Articles:

February 2016 – Paid Sick Leave-It’s the Law in California, DairyBusiness West
It’s here! The new paid sick leave law signed by the governor last September took effect on July 1, 2015. With a few exceptions, California employers must allow their eligible employees to accrue at least 24 hours or three paid sick days per year paid at the employee’s regular paid rate. Read this article for the answers to the most frequently asked questions. 

August 2014 – The Basics of Qualified Personal Residence Trust, Western Dairy Business
Your personal residence is one of your most valuable assets.  With rising home prices, transferring a residence to a qualified personal residence trust (QPRT) becomes a popular estate planning technique.  When properly structured, a QPRT freezes the value of the residence at the time the trust is created.  This results in significant estate tax savings and also helps to keep the value of many estates below the taxable estate threshold. Read this article to learn how QPRT works and other considerations.