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.
Sales Tax. You can elect to deduct state and local general sales taxes instead of state and local income taxes as an itemized deduction on Schedule A (Form 1040). You cannot deduct both. To figure your state and local general sales tax deduction, you can use either your actual expenses or the state sales tax tables. Also include any state and local general sales taxes paid for a leased motor vehicle. 2  If the state sales tax rate on these items is higher than the general sales tax rate, only include the amount of tax you would have paid at the general sales tax rate.