The next requirement of section 162(a) is that the taxpayer must be carrying on a trade or business. Start up expenses are not entirely deductible, but must be spread out over 15 years. Because business expenses are fully deductible under section 162, taxpayers try to argue that expenses were not start up expenses.
Introduction. Located in northwest Williamson County, Fairview is located 20 miles southwest of downtown Nashville. With a population of 7,993 people, the town sits within the Nashville Metropolitan Statistical Area containing 1.7 million people, the 36th most populated in the nation and largest MSA in Tennessee.
Fairmont is a city in Marion County, West Virginia, United States. Nicknamed The Friendly City. The population was 19,097 at the 2000 census. It is the county seat of Marion County. Fairmont is located at 39Â°28â²53â³N 80Â°8â²36â³W / 39.48139Â°N 80.14333Â°W / 39.48139; -80.14333 (39.481253, -80.143453). The Tygart Valley River and the West Fork River join in Fairmont to form the Monongahela River. According to the United States Census Bureau, the city has a total area of 8.2 square miles (21.2 km2), of which, 7.8 square miles (20.3 km2) of it is land and 0.4 square miles (0.9 km2) of it (4.40%) is water.