About Us

Sailing on the Chesapeake

Who We Are
Kram, McCarthy, Ayers & Frost, LLC is staffed by accountants that are uniquely qualified to address the financial and accounting needs of businesses and individuals in the area. The partners' qualifications and experience are listed below.

Thomas J. McCarthy, CPA

Thomas J. McCarthy began his accounting career working in the corporate auditing field in the early 1980's.  He opened his first accounting practice in Greensboro, MD in 1984, and then opened his second location on Kent Island in 1985. Having made Kent Island his home in 1985, he has been  a practicing CPA and along with his wife, have been members of the local community ever since.

Having dealt with a variety of businesses, estates, and individuals over the years, he has extensive experience in all types of tax-related issues including negotiating with the IRS and other taxing authorities.  Moreover, he provides many of our business clients with on-going financial statement analysis, support, and advice.  He is a member of the Maryland Association of CPA's (MACPA) and Maryland Society of Accounting & Tax Professionals. Mr. McCarthy has also provided many of our clients with other services including:

  • Tax Preparation for all kinds of returns
  • Litigation Support
  • Business Valuation
  • Bankruptcy Support
  • Expert Witness
  • Loan Packaging/Information Support
  • Divorce Input/Tax Support
  • Estate and Tax Planning

Gregory W. Litvinuk, CPA

Gregory W. Litvinuck has been a life-long resident of Kent Island. After graduating from the University of Maryland College Park with a Bachelor of Science degree in 1987, he became an employee of Kram & McCarthy in September, 1988. Since then, he has progressed from Staff Accountant to Senior Accountant, became a CPA in 1995, and a partner in 1998. He is a member of the Maryland Association of CPA's (MACPA) and Maryland Society of Accounting & Tax Professionals.

Mr. Litvinuck has multiple years of experience in the preparation of various tax returns including but not limited to, individual, corporate and non-profit tax returns. He also has extensive experience in preparing business financial statements and assisting clients with many aspects associated with the financial statements. Due to his computer knowledge, he has a unique ability to assist clients in different aspect of computer use in their company.

1704 Main Street, Chester MD 21619
Phone: 410-643-4477
Fax: 410-643-8268

We accept MasterCard, Visa, Discover and American Express.

Kram & McCarthy