Privacy Policy
Last updated: April 27, 2026
This Privacy Policy explains how Laurasia LLC, d/b/a simple5472 ("simple5472," "we," "us," or "our"), collects, uses, shares, and protects your personal information when you use the simple5472.com website, application, and related services (the "Service").
By using the Service, you acknowledge that we will collect, use, store, and share personal and tax-related information as described in this policy and as otherwise permitted or required by law.
1. Information We Collect
Information You Provide
- Account information (email address, name)
- Entity details (LLC name, EIN, address, date of incorporation)
- Foreign shareholder information (name, address, citizenship, FTIN)
- Transaction data (capital contributions, draws, payments)
- Late filing information (reason for late filing, IRS contact confirmation)
- Eligibility self-certification responses (your yes/no answers from the eligibility screener, stored as an immutable audit record linked to your account)
- Uploaded documents (bank statements, incorporation documents)
- Electronic signature data (signature image, signing timestamp, and your consent attestations)
Information Collected Automatically
- Device information (browser type, operating system, user agent string)
- Usage data (pages visited, features used)
- IP address and approximate location
- Signature ceremony metadata (IP address, user agent, and timestamp recorded at the time you electronically sign, as required by the ESIGN Act for electronic signature integrity)
- Fax transmission metadata (only if you purchase the optional fax delivery service): transmission ID, fax confirmation number, attempt log (timestamp, status, and any provider error code for each delivery attempt), submission and completion timestamps, and the page count of the transmitted package. This metadata is retained as evidence of timely submission and to support troubleshooting.
2. How We Use Your Information
- To generate and deliver your tax filing documents (Form 5472, Pro Forma 1120, Reasonable Cause Statement, and related filing materials)
- To maintain a record of your eligibility self-certification for platform integrity, compliance record-keeping, and legal defense purposes
- To produce your Data Provenance Record — a software-generated business record showing the data you entered at checkout time, available from your dashboard after payment
- To process payments and manage your account
- To communicate with you about your filing
- To improve and maintain the Service
- To comply with legal obligations
4. Data Security
We use safeguards designed to protect your information, including encryption in transit (TLS) and at rest. Payment processing is handled by Stripe, and simple5472 does not store full payment card numbers or CVVs on its own systems. However, no method of electronic transmission or storage is 100% secure.
Sensitive tax identifiers. Foreign Tax Identification Numbers (FTINs) and EINs are stored in our database. FTINs are displayed in masked format (last 4 digits only) in the application UI wherever full display is not required for document generation. Generated PDF documents contain the full FTIN as required by IRS form instructions.
In the event of a data breach affecting your personal information, we will notify you as required by applicable law, including the timeframes prescribed by GDPR (72 hours to the supervisory authority) and applicable U.S. state breach notification statutes.
5. Data Retention
We generally retain your personal information and tax filing data for 6 years after account closure or the date of your most recent filing, whichever is later, for compliance, support, recordkeeping, and dispute-resolution purposes. For delinquent filings, the statute of limitations under IRC §6501(c)(8) may not begin until a substantially complete return is filed and may remain open indefinitely if the IRS deems a return incomplete; we may retain records longer than 6 years if required by applicable law.
Certain backup copies and system logs may be retained for longer periods where required for security, legal, or operational purposes.
After the retention period expires, we delete or anonymize your data. You may request earlier deletion of your account and associated data by contacting us at support@simple5472.com; however, we may retain data as required by law even after such a request.
We may retain certain information where required to comply with legal obligations, resolve disputes, or enforce agreements, even following a deletion request.
Deleting your account does not necessarily delete all filing-related records where retention is required by applicable tax law or regulation.
7. Your Rights (GDPR / CCPA)
Depending on your jurisdiction, you may have the right to:
- Access: Request a copy of your personal data
- Correction: Request correction of inaccurate data
- Deletion: Request deletion of your data
- Portability: Request your data in a machine-readable format
- Opt-out: Opt out of certain data processing
- Non-discrimination: Exercise your rights without penalty (CCPA)
- Revoke §7216 consent: Withdraw your IRC §7216 consent to use tax return information at any time by emailing privacy@simple5472.com. Revocation halts future use and disclosure but does not unwind processing already completed (e.g., a filing already transmitted).
To exercise any of these rights, contact us at support@simple5472.com.
8. Tax Information Handling
Your tax information is protected.
We use the tax-related information you provide primarily to generate and deliver your requested filing materials, operate the Service, communicate with you about your filing, comply with law, and work with the service providers needed to provide the Service. We do not sell your tax-related information or use it for advertising or profiling.
Your tax-related information may be disclosed only as described in this policy, in our Terms of Service, with your direction, or as otherwise permitted or required by law.
8a. Consent to Use Tax Return Information (IRC §7216)
Federal law (IRC §7216 and Treasury Regulation §301.7216-3) requires that we obtain your separate, written consent before using or disclosing tax return information you provide through the Service. That consent is provided as a standalone document available at:
The standalone consent disclosure describes the specific tax return information covered, the purposes for which it is used, the third-party recipients, and the duration and revocability of your consent. Please read it carefully before entering tax information into the Service.
In the event of any conflict between this Privacy Policy and the standalone §7216 Consent Disclosure regarding the use or disclosure of tax return information, the standalone consent disclosure controls.
9. Children's Privacy
The Service is not directed to individuals under 18. We do not knowingly collect personal information from children. If you believe we have collected such information, please contact us immediately.
10. International Data Transfers
Your information is processed in the United States. If you are located in the European Economic Area (EEA), United Kingdom, or another jurisdiction with data-transfer restrictions, we rely on the following safeguards:
- Standard Contractual Clauses (SCCs) — we rely on Standard Contractual Clauses and equivalent safeguards implemented by us and our service providers for transfers of personal data outside the EEA or UK.
- Sub-processor compliance — our key sub-processors (Supabase, Inc., Stripe, Inc., and Resend, Inc.) maintain their own GDPR-compliant data-processing agreements and transfer mechanisms, including SCCs and, where applicable, supplementary technical measures.
By using the Service you acknowledge that your data will be transferred to, stored, and processed in the United States, where data protection laws may differ from those in your country of residence.
11. Automated Processing
We use automated systems to generate documents — including Form 5472, Pro Forma Form 1120, and any Reasonable Cause Statement — based on the inputs you provide. If you have questions about how your information was used to produce your documents, contact us at support@simple5472.com.
12. Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of material changes by updating the "Last updated" date. Continued use of the Service constitutes acceptance of the updated policy.
13. Contact Us
For privacy-related inquiries, contact us at:
Laurasia LLC1309 Coffeen Avenue STE 1200
Sheridan, WY 82801
United States
support@simple5472.com
See also our Terms of Service.