Browse 3 Gruv blog articles tagged Foreign Assets. Coverage includes Tax Residency & Compliance. Practical guides, examples, and checklists for cross-border payments, tax, compliance, invoicing, and global operations.
Start with one decision: are you filing an income tax return for the year? Form 8938 attaches to that return, and this guide is meant to help you handle Statement of Specified Foreign Financial Assets reporting under FATCA without guesswork. Treat current IRS instructions as something you check live, not as a one-time read, because the Form 8938 materials are updated as needed.
Your move back is a tax timing and documentation project first, and a logistics project second. Make the key tax decisions before you book the flight so your move year stays compliant and predictable. For U.S. citizens, the baseline does not change: worldwide income remains in scope.
If you are moving back to the U.S., the goal is not just compliance. It is a clean, low-stress way to handle foreign income, foreign accounts, and the records that show what happened before, during, and after your move.