The One Big Beautiful Bill Act (OBBBA) “No Tax on Overtime” Employer Summary

Need a rundown of the employer and employee responsibilities regarding the above-the-line federal income tax deduction for “qualified overtime compensation?” This article provides a brief overview of the deduction as it’s available for the 2025-2029 tax years.

Learn More

WEBINAR: Understanding Health & Welfare Employee Benefit Plan Compliance

Join our Employee Benefit Plan team for a webinar that will provide finance and human resources professionals with an accounting and legal update as it relates to health and welfare employee benefit plans, along with a review of a recent ERISA court case and the takeaways for Plan Sponsors.

Save Your Seat

Helping Our Team Thrive: Celebrating New Promotions Effective January 1, 2026

At McKonly & Asbury, our vision of Helping Others Thrive continues to guide everything we do—from how we serve our clients to how we invest in our people. As we begin the new year, we are proud to recognize a group of dedicated team members who have earned promotions effective January 1, 2026.

How can we help you thrive?

When was the last time anyone asked you this question? We ask it every day, understanding only one definition of thriving matters: yours.

Whether you’re an organizational leader seeking a deeper connection with your business and accounting advisor, a candidate searching for a vibrant and adaptable career path, or a community leader forging networks for positive transformation, change begins with connection.

At McKonly & Asbury, the heart of each of our relationships is collaboration, centered on Helping Others Thrive. We serve a wide range of industries—including Architecture, Engineering and Construction; Nonprofit; Manufacturing & Distribution; Healthcare; Affordable Housing; and Family-owned Businesses—delivering services that align with each client’s distinct goals and needs.

Our services include tax, audits, reviews and compilations, employee benefit plan audits, SOC audits, CMMC compliance, Sarbanes-Oxley assistance, business valuations, and state and local tax. Whether supporting organizations through compliance or helping drive strategic growth, we are committed to being a dependable and engaged advisor every step of the way.

Would you like to explore a relationship where the focus is on you? Let’s start a conversation today.

Services

Tax

Cybersecurity Maturity Model Certification

Business Valuation Services

HITRUST

SOC Audits

Audit & Assurance

Industries

Architecture, Engineering, and Construction (AEC)

Manufacturing & Distribution

Entrepreneurial

Franchises

Affordable Housing

Healthcare

Featured Articles

Crafting Your CMMC Level 2 System Security Plan: A Practical Guide

Key Takeaways Cover All 320 Objectives: Each of the 110 CMMC Level 2 controls contains multiple objectives – every one must be addressed in the SSP to achieve compliance. Align Supporting Documents: Ensure network diagrams, data-flow maps, and asset inventories are consistent with the SSP to avoid assessor red flags. Define Shared Responsibilities: Clearly document which security obje… Read more

Tax Considerations for the Construction Industry

Sales and Use Tax With the passing of economic nexus laws in almost every state, it can be complicated for any business to stay sales tax compliant. Contractors are no exception to this, and even have their own set of rules that vary by state. McKonly & Asbury’s State and Local Tax group is available to assist in making taxability determinations for contractors, and can assist with sales tax… Read more

Subservice Organizations in Your SOC Report

Subservice organizations are defined as an entity that is used by the service organization to perform s… Read more

Dale Carnegie Complimentary Virtual Preview: Leadership Training for Managers

Dale Carnegie’s Live Online programs show people how to communicate in a way that truly connects so they… Read more

Complementary User Entity Controls (CUECs) and SOC Reports

Complementary user entity controls (CUECs) are an important and essential part of any SOC report. If y… Read more

View All

McKonly & Asbury Culture

Core Values provide the foundation for our culture and uniquely represent who we are, define how we conduct ourselves and portray how we interact with our colleagues and clients. These Core Values personify the type of employees that we look for when we recruit, as well as what we should strive for as we advance in our careers.

Careers at McKonly & Asbury

Our uniquely collaborative and casual yet professional work environment empowers our team members to elevate their skills and advance in their careers. Our mission, Helping Others Thrive, is at the center of all we do, who we are, and who we serve.

McKonly & Asbury Culture

Core Values provide the foundation for our culture and uniquely represent who we are, define how we conduct ourselves and portray how we interact with our colleagues and clients. These Core Values personify the type of employees that we look for when we recruit, as well as what we should strive for as we advance in our careers.

Careers at McKonly & Asbury

Our uniquely collaborative and casual yet professional work environment empowers our team members to elevate their skills and advance in their careers. Our mission, Helping Others Thrive, is at the center of all we do, who we are, and who we serve.