Cheryl L.M.T. Itagaki

Associate

Cheryl’s experience in public accounting provides her with invaluable insight for her clients’ legal issues.

Cheryl is an associate in the Employee Benefits and Executive Compensation Department, Trusts and Estates Department, and Tax Department at Cades Schutte.

Cheryl obtained her B.B.A. in accounting, with distinction, from the University of Hawaii Shidler College of Business. She received her M.B.T. from the University of Southern California Leventhal School of Accounting, and her J.D. from the University of Southern California Gould School of Law with a Certificate in Business Law. As a law student, she served as a judicial extern to the Honorable Derrick H.M. Chan, Circuit Court of the First Circuit, State of Hawaii. She was also the recipient of a USC Law Merit Scholarship and served as a Production Editor of the Southern California Review of Law and Social Justice.

Prior to attending law school, Cheryl worked in public accounting, focusing on audit at Grant Thornton and tax at CW Associates. She is also licensed as a CPA in Hawaii (not in public practice).

  • Advised employers with regards to compensation and retirement planning matters, deferred compensation arrangements (409A), 401(k) and profit sharing plans, defined benefit plans, and ESOPs
  • Drafted estate plans ranging from simple to complex to meet client needs
  • Advised clients on various state and federal tax issues relating to the estate tax, income tax and general excise tax
  • Successfully drafted private letter rulings to request a determination from the Internal Revenue Service
  • Prepared tax returns for all types of business entities as well as individuals
  • Prepared accounting books to bring business clients up-to-date and within compliance
  • Audited various entities including non-profits, government organizations, and for profit businesses

Education

  • J.D. (2015), Certificate in Business Law, University of Southern California Gould School of Law
  • M.B.T. (2015), University of Southern California Leventhal School of Accounting
  • B.A. Accounting (2007), University of Hawaii Shidler College of Business, with distinction

Admissions

  • Hawaii State Bar (2015)
  • United States District Court for the District of Hawaii (2015)
  • Certified Public Accountant (not in public practice) (2012)

Memberships

  • Hawaii State Bar Association (2015)
  • American Bar Association (2016)
  • Hawaii Estate Planning Council (2016)
  • The ESOP Association, Hawaii Chapter (2016)
  • Beta Gamma Sigma International Honor Society (2014)

Community Involvement

  • Lecturer of Law at the University of Hawaii at Manoa, Richardson School of Law, Law 550, Corporate & Partnership Tax, Spring 2016 and Spring 2017
  • Officer of the Hawaii State Bar Association Tax Section, 2016-2017