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    Welcome to
    Piaker & Lyons
    Certified Public Accountants
  • Binghamton, NY
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    Here at Piaker & Lyons, we pride ourselves in our vast community involvement.
    Check out our Commitments!
  • Binghamton, NY
    Our History
    With over 70+ years with the community.
    We are an established company ready to help you.

* Section 179 and Bonus Depreciation
6/30/2016

SECTION 179 LIMITS


The following summarizes the historical annual maximum allowable Code Sec. 179 deduction (i.e., dollar limit):

Maximum expense deduction for tax years beginning in:

2010-2016         -  $500,000

2017 and Later  -  $500,000 but adjusted for inflation
 

 

 

BONUS DEPRECIATION

Code Sec. 168(k) provides a first-year bonus depreciation deduction for qualifying property.

A 100% rate applies to property acquired in 2011

A 50% rate applies to property acquired during 2012-2017

A 40% rate applies to property acquired during 2018

A 30% rate applies to property acquired during 2019


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Services

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Services


We provide a full range of services including:

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Industries

At Piaker & Lyons our wealth of experience provides us the opportunity to offer tax, accounting, auditing and financial advisory services in a wide range of industries.

Industries


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Community Involvement

We pride ourselves on our vast community involvement. Collaborating with community members and to advocate and strengthen meaningful community relationships.

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Community Involvement


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