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The Global Insight
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Global Affairs

Expert insights and detailed technical documentation about Global Affairs.

global affairs

Can a sole proprietorship be gifted?

The Process of “Selling” your Sole Proprietorship Tangible assets like equipment or work vehicles can certainly be sold or gifted. This is perhaps the clo...

Mar 12, 2026 2 views
global affairs

How do I protect myself when selling my home?

How To Protect Yourself When Selling Your Home Be completely honest on your seller disclosure. Put everything in writing. Only allow preapproved buyers to...

Mar 12, 2026 1 views
global affairs

Is there capital gains on currency exchange?

Currency Trading Markets Ordinary exchange contracts are taxed at the ordinary capital gains rate. The rate is based on the length of time the currency wa...

Mar 12, 2026 1 views
global affairs

How can I legally lower my AGI?

Reduce Your AGI Income & Taxable Income Savings Contribute to a Health Savings Account. Bundle Medical Expenses. Sell Assets to Capitalize on the Capi...

Mar 12, 2026 1 views
global affairs

What qualifies for a capital gains exemption?

You can only deduct capital gains on your primary residence. You must have lived in your home for at least 2 years out of the last 5 years before you sell...

Mar 12, 2026 1 views
global affairs

What is ALT F4 on Mac?

Alt-F4. Command-W. Restarting. Control-Alt-Delete. How do I completely reset my Apple computer? How to Restart a Mac Computer Press the power button (or p...

Mar 12, 2026 1 views
global affairs

Should I sell my house and rent when I retire?

If you own your home outright or have a lot of equity, selling could help you fund your retirement. But renting in retirement could end up being more expe...

Mar 12, 2026 1 views
global affairs

How is an S-corp taxed when sold?

Since an S-corp is a “pass-through” business, shareholders pay all of the taxes, not the firm itself. If the S-corp is sold, the company itself pays no ta...

Mar 12, 2026 1 views
global affairs

When to sell a property in a foreign country?

U.S. Tax Fundamentals for the Sale of Foreign Real Estate. This is a common question we receive often. Namely, a person owns property in a foreign country...

Mar 12, 2026 1 views
global affairs

How do I sell an asset to a company?

A Few Things You Need to Know About Assets Assets Depreciate. You Need to Keep Good Records. Asset Sales Will Affect Your Business Tax. Deduct an Asset’s ...

Mar 12, 2026 1 views