I am an American citizen living in Pennsylvania, and my wife is a French Green Card holder. She has funds in France. Do we need a specialized cross-border tax accountant for our filings, and what are the general rules for reporting her foreign funds so we don't risk her status?
You are not required by law to hire a specialized cross-border accountant. The IRS allows you to authorize a representative for foreign reporting only if you wish. Missing a foreign asset report does not automatically revoke your wife's green card, but as of April 1, 2026, immigration officials can weigh missed filings against her character for future applications.
You can manage this without risking her status by filing the required forms on time and making sure she never files her taxes as a non-immigrant.
