Firm Profile
Our Mission
To provide accounting & tax services with qualities of responsiveness & thoroughness with the primary goals of protecting our clients financial security and reputations.
To act in an honest & ethical manner in guidance with the AICPA Code of Conduct and with consideration for the values of the employees and clients.
The professionals at the firm will communicate with clients regarding any positions on financial statements or returns which could be perceived as unethical or risky.
To encourage an environment where clients and firm professionals assist one another with developing new skills and understanding of accounting, taxes, business services & processes from one another. We will also try to encourage lifelong learning.
Our Team
Karl Schramek, CPA, MST
Shareholder Karl is the founder of Schramek & Associates, P.C. Karl graduated from the University of Massachusetts at Amherst in 1990 then went on to earn a Master of Science in Taxation degree from Northeastern University in 1995. Karl started his public accounting career with Ernst & Young LLP, worked for Price Waterhouse LLP, then rejoined his former Ernst & Young colleagues who had recently established The Bollard Group LLC, a boutique firm providing tax and financial services to an exclusive clientele. Karl's experience is concentrated in the area of tax services and planning for small businesses, their owners and high net worth individuals. He has experience with mergers and acquisitions, stock options, venture capital agreements and real estate. Karl especially enjoys working with small business owners, for which there are many opportunities to identify and implement tax savings strategies. Karl is originally from Ontario, Canada, and has lived in a variety of locations from Freeport, Bahamas to Chester, Vermont. He settled in Massachusetts in 1982 and currently lives in Wilmington.
Kathy O'Rourke
Office Manager Kathy attended Massachusetts Bay Community College in Wellesley, MA. With over 30 years of office experience Kathy oversees the administrative and marketing operations of the firm. Kathy's excellent Customer Service skills are a real asset to our firm. Kathy lives in Billerica with her husband, Brian, and son Carter.
Nikki Carnahan
Paraprofessional Nikki assists the CPAs with preparation of tax returns, bookkeeping, payroll, and other tasks related to our professional services. She enjoys concerts, mountain climbing, and skiing.