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TaxtoFax AI

TaxtoFax AI

Foreign founders Form 5472 & 1120, filled & faxed with confirmation in 60 sec

May 2, 2026 Finance & Accounting
foreign founders irs forms tax compliance

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TaxtoFax AI

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TaxtoFax is a fully built, revenue-ready compliance platform that automates IRS Form 5472 filing end to end for foreign-owned single-member LLCs.The problem is massive and underserved. Every foreign founder with a US LLC — and there are millions of them from India, UK, Canada, Nigeria, Australia, and 50+ other countries — is legally required to file Form 5472 every year. Missing it is an automatic $25,000 IRS penalty. Accountants charge $300–$800 for this one form. The IRS only accepts it by fax. No other tool on the internet handles this completely.What you're buying is a complete, working product:The user enters their LLC details, uploads their US bank statement PDF, and the platform does everything else. AI reads and classifies every transaction, maps them to the correct IRS lines, generates a merged Pro forma Form 1120 + Form 5472 with correct headers and checkboxes, captures an in-browser signature, and faxes the completed filing directly to the IRS Ogden fax line. The user gets a fax ID and delivery confirmation to their email. Full filing history is saved per account.Tech stack: React, Node.js, Firebase, Firestore, Llama 3. Clean, scalable, modern.Revenue model is already in place — $50 per filing, $299 lifetime deal. No subscription complexity. Simple, high-margin transactions with a captive audience that has a hard legal deadline every single year.This is a buy-and-grow asset. The TAM is every foreign founder with a US LLC. The moat is the fax infrastructure, the AI parsing pipeline, and the fact that nobody else has built this.

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