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.
Grandview Heights, OH has a population of 7,014 people with a median age of 32.8 and a median household income of $92,921. Between 2014 and 2015 the population of Grandview Heights, OH grew from 6,836 to 7,014, a 2.6% increase and its median household income grew from $82,007 to $92,921, a 13.3% increase.