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.
States differ widely on whether sales tax applies to leases, leases with an option to buy, or ancillary services. With business personal property taxes, some jurisdictions consider leased equipment the lessee's taxable asset. And, which party gets to depreciate the asset is a key corporate income tax question. The list lengthens with newer challenges like taxability of leased servers for cloud computing applications, calculation of sales tax on financed capital leases, and leases based on costs per procedure.