Frequently Asked Questions

Yes — you can deduct home office costs whether you rent or own, provided the space is exclusively used for professional activity and proportionally calculated.

For renters, keep rental agreements and allocate a percentage of rent, utilities, and insurance to the workspace.

For owners, apportion mortgage interest, insurance, and maintenance.

Maintain invoices, photos, and a clear method for calculating the business-use percentage to support deductions during tax audits.

Oh, of course, you'll love paperwork: you need comprehensive crypto transaction records and freelance income documentation.

Keep dates, amounts, crypto types, wallet addresses, transaction IDs, fiat equivalents at receipt, and exchange rates.

Save invoices or client confirmations showing purpose of payment, plus proof of transfer to your bank or exchange.

Retain accounting entries and reconciliations for tax audits.

Store records securely for the legally required retention period.