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.
Many small business owners have home offices, but having a home office isnât enough to be able to deduct business-use-of-home expenses from their income tax. The Canada Revenue Agency has strict guidelines about who can and canât claim this deduction. To deduct business-use-of-home expenses, you have to either be:1  Using your home as your principal place of business; or. 2  Using the space only to earn business income and using it on a regular and ongoing basis to meet your clients, customers or patients.urboTax Home & Business helps you calculate your business-use-of-home expenses. When you enter your total home expenses for the tax year and the total area of your home and work space, TurboTax will calculate the allowable portion of your expenses.