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Do you still have worries regarding your taxes, how to calculate taxes, and how to pay taxes? Why is it necessary to worry? Nowadays, the authorities have also become strict regarding taxes. That’s why the demand for tax calculator apps has increased a lot, and users use these apps for instant tax calculation. So that they can pay taxes quickly without waiting for anyone.

In a recent study, I found that tax calculator apps have grown to around $18.50 million in 2023.

The study shows that the tax calculator market is growing at a CAGR of 9.8% of the forecast period from 2024 to 2030.

Businesses should consider the above data when investing in tax calculator apps and how rapidly they grow in this competitive market.

So, let’s start this blog by exploring detailed information about how to develop a tax calculator app like H&R Block and various important phases.

 

What Is H&R Block?

H&R Block is a popular tax calculator app that allows users to easily calculate their tax and users can also fill their tax with proper documentation. Users can easily upload their tax-related documents on the platform within just a few seconds and provide a detailed description of tax. This tax calculator app also works on crypto, letting users fill out their crypto currency tax with proper guidelines.

The calculator tax app is mobile-friendly, which is why users can access the app from anywhere or anytime, and users can easily receive their refund on their mobile devices. You can freely contact our Android app development company to create a tax calculator app like H&R Block with extensive functionalities.

  • Find their tax’s exact valuation and fill it out instantly, and the amount will be reflected in the tax account within 1 hour.
  • Customers can upload their tax papers easily and get the data automatically filled in the tax form.
  • This platform makes it easy for users to fill out their tax files from anywhere or anytime, and it can be accessible from mobile devices.
  • Users can use various payment methods for tax filing, and the tax calculator app ensures that it offers secure online transactions.

 

Top 10 Tax Calculator Apps Like H&R Block

Are you considering the best income tax (ITR) filing apps? Then it is a must thing in this fast-forward world. Do not go anywhere. We present one of the best tax-filling apps that include futuristic features to fill the tax without any extra charging fees:

 

Top Tax Calculator Apps Like H&R Block

 

Apps Download Users Stores Ratings Apps Launched On Platform Accessibility
TaxSlayer 1M+ 4.7 2004 Android, iOS, Web
TurboTax 50M+ 4.6 2001 Android, iOS, Web
Jackson Hewitt 5M+ 4.6 2009 Android, iOS, Web
Liberty Tax 500K+ 4.4 2000 Android, iOS, Web
FreeTaxUSA 1M+ 4.5 2001 Android, iOS, Web
TaxAct 500K+ 4.0 2001 Android, iOS, Web
SimpleTax 1M+ 4.6 2014 Android, iOS, Web
Black 5L+ 4.3 2020 Android, iOS, Web
Income Tax Calculator 5L+ 4.7 2001 Android, iOS, Web
Credit Karma Tax 10M+ 4.5 2016 Android, iOS, Web

 

Why Do Most Businesses Invest In Tax Calculator App Development?

In this most happening world, tax calculator apps are the most used apps in the financial sector because they provide instant solutions for taxes. Build an app like TurboTax allows users to easily fill out their tax files without anyone helping them.

In this market, these apps made their reputed face, and customers use apps for their convenience and faster work operations. So, let’s look at the benefits of tax calculator app development:

 

Invest In Tax Calculator App Development

 

1. Customers Enhancement

Let’s talk about the first benefit: Tax calculator apps have such functionalities that make the work of users easy and economical. Through these apps, users can easily calculate their taxes, whether personal or business taxes.

Customers do not need to go to any tax advisor to submit their tax related documents and other personal information.

 

2. Operational Efficiency

In the second phase of benefit, tax calculator platforms have many operational tasks that make it easy for the users to calculate their overall tax. It includes many operational features such as automated filling up information, instant tax evaluation, and more.

These can enhance the user’s tax experience and reduce the time and cost of hiring tax advisors.

 

3. Reduce Additional Cost

Now let’s talk about one more benefit, which is the benefit to the business. This tax calculator app like Greenlight Teen banking saves other costs, such as hiring a tax advisor who guides paying taxes, but he charges a lot.

There is no need to hire because these automated operations provide instant valuation. So, this can be an advantage for businesses to save on additional costs.

 

4. Data-Driven Insights

Connect to the second last benefit, it is one of the most used benefits in every app, this can record the users daily activities. Data insights provide a unique advantage for businesses to know the user’s demands and preferences and give exclusive deals.

It helps businesses to improve their operations and daily performing activities.

 

5. Scalability and Flexibility

The last benefit of tax calculator apps, with the help of the best tax software with unique services, is that they can offer flexibility and scalability. Users can access these apps from their mobile devices, upload their tax papers within minutes, and generate the tax valuation form instantly.

It can make it easy for users to fill their taxes from any devices connected to the internet.

 

Build Your Own Tax Calculator App

 

How To Develop A Tax Calculator App Like H&R Block?

Are you eagerly waiting for this topic? Then your wait is over. For a highly-implemented tax calculator app, consider these robust development steps that can easily provide enough information for a successful app development. Follow our written development stages to clear all your doubts regarding the tax calculator mobile app development process:

 

How To Develop A Tax Calculator App

 

1. Clear Requirements and Goals

Now that you have started understanding the development steps, you should clarify where you want to see your app in the future so that you can plan everything accordingly. After that, you should define the requirements for what you need for your app.

Then, you can look at the pre-built tax calculator apps to see what measures they have implemented that have improved their success rates.

 

2. Basic Features

After knowing all the requirements, you must create an organized sheet within which you will describe your features and what features you want to integrate into your app. Along with this, you can also see some advanced features that make your app unique from other apps.

Hire mobile app developers to prepare a plan for the competitors on how you can compete with successful existing tax calculator apps.

 

3. Select Tech Stacks

After making the list of features, now it is necessary to select which technology to use for making the tax calculator app. You will also have to know your budget as to which technology you can use and by using which technology you will go over your budget.

It involves many tech stacks, such as security bases, APIs, and advanced programming languages.

 

4. Design User-Interface

Switch to another development process. Do you also think that designing is a very important phase of the entire development process? Yes it is. Because most of the users are attracted with the app’s design and users also focus on those apps which offers simple UI/UX.

For this, you can consider the design of different apps so that you can get an innovative design.  And by hiring a developer from a mobile app development company that you can implement it well.

 

5. Development of App

Let’s start developing the app now; for this, we will have to use a lot of tools and frameworks. So that all the operations can be completed smoothly and the developers do not have to face much pressure.

In this process, we will also have to hire some experienced developers so that they can guide the development team properly.

 

6. Testing and Security

After the app is developed, the first step is to test it to see if all the operations are working properly or not. To test the entire app, we have to hire dedicated developers so that they can test the app from all possible angles.

And if any feature is not working, fix it as soon as possible. With the help of developers, you can also check the security measurements of the app so that only authorized users can access the services of the app.

 

7. Releasing and Maintenance

Now the time has come to launch the app in the live phase, for this we will first have to see that all the files are properly uploaded to the hosting provider and all the integrated features are implemented. After the launch, do you think your work is over? No, it’s not.

You have to monitor the app’s performance and check whether the features are working correctly or not.

 

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10 Must-Have Features of Tax Calculator Apps

Are you looking at the top tax calculator apps for features? Then, you need to observe the existing tax calculator apps. We have the expertise to deliver the advanced features that can make it easy for businesses and users:

 

Features of Tax Calculator Apps

 

1. Customer Registration

An app for calculating tax allows customers to create their own free accounts by using phone numbers, social media apps, and personal or business email.

 

2. Instant Tax Valuation

Easy tax calculator app provides instant tax description that allows customers to easily get the accurate tax filing value.

 

3. Previous Transactions

A free tax calculator app lets customers check their previous transactions, and they can also download the statement using a PDF.

 

4. Easy-To-Use

The best income tax calculator app has a simple UI that lets customers easily operate the services and various advanced functionalities of the app.

 

5. Mobile-Friendly

A tax calculator app like TaxSlayer enables customers to fill their tax files using their mobile devices and easily upload the tax file documents.

 

6. Payment Methods

The best app for tax calculation has several types of methods that can increase convenience, and it offers RTGS, IMPS, and bank transfers.

 

7. Alert Messages

A tax calculator, the H&R Block app, has an incredible feature; it sends push messages to users when their tax filing date is within 10 days.

 

8. More Languages Support

A H&R Block tax calculator app provides a wide collection of languages that can increase the comfort level of users when using the app.

 

9. 24/7 Support Availability

A tax calculator app like Stash offers customer support services with 24/7 availability to manage issues and fix them instantly.

 

10. Guarantee Refund

The H&R Block tax app provides a guaranteed tax refund, and that’s why users use these apps to get instant refund options.

 

Ready to Create the Next Tax Filing Solution

 

The Cost To Build A Tax Calculator App Like H&R Block

The cost to build a tax calculator app depends on the businesses, which type of app they want, and what functionalities they want to add. Most businesses or entrepreneurs do not know about the app’s type, such as simple, medium, and high premium.

If businesses want to build a mobile app like H&R Block on a fixed budget, then they need to implement features according to the overall development budget. The tax calculator mobile app development cost ranges from $9,000 to $26,000 or higher based on complexity.

 

 Tax Calculator App Development Estimated Cost Time Frame
Low-Featured App Development $9000 – $13000 2 to 5 Months
Medium-Featured App Development $14000 – $21000 5 to 8 Months
High-Featured App Development $26000+ 9+ Months

 

The mobile app maintenance service cost varies between 15% to 20% of tax app development. This includes many other resources that can change the cost of maintenance, such as customer support, number of features for updates, designing, and more.

 

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How To Make Money From A Tax Calculator App?

Are you still searching for money-making techniques from a tax calculator app? Here, your long search is over. We found the top monetization techniques that have the ability to generate new income sources that can maintain your business’s expenses. Let’s take an incredible exploring of money-making techniques or strategies:

 

Make Money From A Tax Calculator App

 

1. Advertisements

I think you already know about this technique, but in this sector, you don’t know how to use this strategy to make money. You have to choose the professional businesses that have gained popularity and success in this competitive market.

You can give them an offer to show their services and incredible products in your app as an advertisement. Then, you can charge small advertising fees to display their ads during your live running phase.

 

2. Transaction Fees

Nowadays, it is the most trending money-generating technique; it simply charges a transaction fee per transaction made by the users on your app. Read a simple example: suppose a user fills their tax file using your tax calculator app; you can add a platform fee or transaction in total cost, then users have to pay the fees around 5% to 8% of the overall value of the payment.

 

3. Paid Models

This money-making scheme is mostly used on video streaming and other music streaming platforms to unlock high-quality content. You think about how this technique will work in this sector. But it definitely works.

If users want to pay their taxes via your app, then they need to buy the premium plans. Without paid plans, users can only show how much they have paid, but they can not pay the tax. At the conclusion, they need to purchase the premium plans of the app.

 

4. Partnerships

Do you think that partnerships can be a huge money-making opportunity? Yes, it can. You can partner or collaborate with related tax filing agencies. With the help of partnerships, you can sell their products and fill tax files via your app.

According to a legal software development company, you can charge small fees when anyone purchases their products via your app.

 

5. In-App Purchase

At last, this money making opportunity is already inside in your app. Did you know that? If, no then we will introduce you to this.

Let’s tell you in simple words: if users want to access the features over the limitations, then they need to buy the additional features inside the app. It can increase the overall valuation and user base.

 

Conclusion

Did you get enough information on how to develop a tax calculator app like H&R Block? We provide detailed knowledge about every phase and the functionalities in which you must be integrated. As shown in the upcoming years, tax calculator apps can grow rapidly, and they can increase the demands in the digital market of the relevant industry.

Our tax calculator app development company ensures that we deliver high-tech tax calculator mobile app solutions at a low cost.

 

Frequently Asked Questions

Q1. How Much Does It Cost To Develop A Tax Calculator App Like H&R Block?

The tax calculator app development cost is around $9,000 to $26,000, this basically depends on the many resources like functions, complexity, and development team.

 

Q2. How Much Time Does It Take To Develop A Tax Calculator App Like H&R Block?

To make a tax calculator app like H&R Block takes around 4 to 9 months. The time taken is based on the app’s types and complexity.

 

Q3. How Can I Make Money With My Tax Calculator App?

We provide the most essential monetization techniques that can generate new revenue streams, such as:

  • Subscription plans
  • Freemium Model
  • Advertising
  • Partnerships

 

Q4. Which Technologies Are Used To Create A Tax Calculator App Like H&R Block?

Consider these robust technologies that are used to build a tax calculator app:

  • Python
  • Java
  • PHP
  • C++
  • Flutter