And what employers want is important â the number of jobs in this field through 2020 is expected to grow 21% faster than average. Your degree program should teach you specific medical codes, how to code accurately and how to use field-specific computer programs and technology, according to Carlson.
12. Taxes incurred in operating your business are generally deductible. How and when they are deducted depends on the type of tax: 1  Sales tax on items you buy for your business's day-to-day operations is deductible as part of the cost of the items; it's not deducted separately.
You can't deduct the purchase price (as you can a lease payment), but you can deduct a portion of the cost annually as depreciation. Some tax-related choices have a more general effect on your business income, namely: 1  Tax year. 2  This determines the time period for which your taxable income will be computed.