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.
Pineview is between the Wilcox, Pulaski county. Pineview has 1.95 square miles of land area and 0.01 square miles of water area. As of 2010, the total Pineview population is 523, which has shrunk 1.69% since 2000. The population growth rate is much lower than the state average rate of 18.34% and is much lower than the national average rate of 9.71%. Pineview median household income is $19,028 in 2008-2012 and has grown by 6.60% since 2000. The income growth rate is much lower than the state average rate of 16.90% and is much lower than the national average rate of 26.32%.