MCM CPAs & Advisors Welcomes Kathy Herbig as New Partner

Published July 11, 2023

  • Press Releases

MCM CPAs & Advisors LLP, Kentucky’s largest accounting and advisory firm, has announced the addition of Kathy Herbig, CPA. With more than 20 years of experience providing tax compliance and consulting services to clients, Herbig will hold the position of Tax Partner with the Firm as of June 5, 2023. Kathy comes to MCM from Crowe where she served as Managing Director in their financial services tax practice.

“I am thrilled to announce the addition of our new partner, Kathy Herbig, who brings more than two decades of invaluable experience in tax services,” Managing Partner Brad Smith said. “This hiring reaffirms our commitment to excellence and positions us for continued success in an ever-changing business landscape.”

Kathy has provided tax consulting and compliance services to financial institutions ranging from $70 million in total assets to publicly traded, multi-state financial institutions with multi-billion-dollar total assets. She works extensively with both C-Corporation and S-Corporation financial institutions and provides expertise related to tax accounting and financial statement presentation under ASC 740, including tax credit investments (Low-Income Housing Tax Credits, Historic Rehabilitation Tax Credits, and Solar Energy Tax Credits) and stock-based compensation, and tax considerations in mergers and acquisitions including Day 1 and Day 2 tax accounting.

In addition to providing clients with tax services, Kathy is a member of the American Institute of Certified Public Accountants (AICPA), Kentucky Society of Certified Public Accounts (KYCPA), and a past board member of Junior Achievement of Kentuckiana. She also has had numerous speaking engagements such as KYCPA Financial Institutions Conference, Bank and Capital Markets Tax Institute, and Subchapter S Bank Association Conference. Kathy is a graduate of the University of Louisville, obtaining a bachelor’s degree in Business Administration – Accounting.



MCM CPAs & Advisors offers expertise in audit and assurance services, tax planning, business valuation, litigation support, fraud examination, business start‐up, and advisory services for non‐profits, small businesses, and public- and privately-held organizations. The company has offices in Louisville and Lexington, Kentucky; Indianapolis and Jeffersonville, Indiana; and Cincinnati, Ohio, and was recently ranked by Inside Public Accounting’s Top 100 list as the 74th largest accounting firm in the United States (based on net revenue). MCM is an independent member of Prime Global, one of the world’s top five associations of independent accounting firms. The Firm has been awarded Best Places to Work distinctions in multiple states and cities.