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“Instant tax estimates”

In this money world, businessmen are only concerned about how much tax will be charged and how to calculate the tax. They visit many online websites to learn how to calculate taxes and correct any tax errors. Imagine an app that can easily calculate your tax and manage tax-related data.

Then, here comes Taxslayer with its interactive features. It allows businesses to reduce manual errors in calculating the tax and provides convenience by allowing them to access the tax calculator from anywhere or any device.

According to a study, the global tax calculator market was valued at around $18.50 million in 2023 and is expected to grow at a CAGR of 10% from 2024 to 2030.

The above data shows that investing in the tax calculator app is a profit-making opportunity for businesses to expand their business in a new way. Develop a tax calculator app like TaxSlayer with advanced features to simplify tax filing processes.

In this blog, we provide detailed information about developing a tax calculator app like Taxslayer, what functions need to be installed, and monetization techniques.

 

What Is TaxSlayer?

Taxslayer is an online tax calculator or preparation platform that allows businesses, individuals, and freelancers to calculate and file their taxes easily. Its simple user interface allows users to interact with all the app’s features and services with just one tap.

Taxslayers allow businesses to file their state and federal tax returns online. This platform offers many advanced features, such as Audit Support, customer support, tax filing, and tax tools. To create a mobile application like Taxslayer, consult with a mobile app development company.

 

  • This platform offers refund options in case the user’s tax is not filled out, and the refunded amount is reflected on the same platform.
  • It provides many secure payment options, such as bank transfers, net banking, digital wallets, and credit or debit cards.
  • Taxslayer allows mobile apps to easily and with flexibility pay taxes from anywhere and upload tax-related documents.

 

10 Tax Calculator Apps Like Taxslayer

Are you ready to learn about similar tax calculator apps? Then, here we provide the best income tax (ITR) filing apps to understand their working process and functionality:

 

Tax Calculator Apps Like Taxslayer

 

App Downloads Ratings Launch Year Availability
TurboTax 50M+ 4.7 2005 Android/iOS
H&R Block 10M+ 4.8 2004 Android/iOS
FreeTaxUSA 1M+ 4.5 2001 Android/iOS
TaxAct 5M+ 4.6 2006 Android/iOS
Credit Karma Tax 10M+ 4.8 2016 Android/iOS
QuickBooks 5M+ 4.5 2014 Android/iOS
Jackson Hewitt 1M+ 4.5 2010 Android/iOS
Zen Tax 100K+ 4.3 2017 Android/iOS
TaxFyle 500K+ 4.7 2015 Android/iOS
eSmart Tax 100K+ 4.2 2010 Android/iOS

 

7 Key Steps To Develop A Tax Calculator App Like TaxSlayer

To build a Tax calculator app like TaxSlayer, follow the essential steps of development and understand the implementation phases. It includes all the crucial steps that have the ability to create a successful or fully functional app. So, here we provide the tax calculator mobile app development process:

 

Steps To Develop A Tax Calculator App Like TaxSlayer

 

1. Market Research and Identify Goals

Let’s start the development process with market research. Observe similar or existing tax calculator apps to understand their weaknesses and strengths. Find out some useful functions that can be installed in your app and observe their working and functional processes. Identify the project requirements and goals and prepare a sheet of required functionalities.

 

2. Identify Core Features

In this second development stage. Features identification is crucial part of every development process because without identification of features you cannot transfer to the next stage. Hire dedicated developers to identify the core or basic features of the app and make list of the installing features. Identify the primary and secondary users of the app.

 

3. Tech Stacks

Let’s move to the third development process: choose the best tech stacks that can build a successful tax calculator app. It includes many advanced or premium tech stacks such as cloud storage, databases, deployment platforms, frontend or backend programming languages, and more. So, selecting the best tech stacks and caring about the app development budget is important.

 

4. Design UI/UX

In this fourth development process, hire mobile app developers to design a user-friendly interface that allows users to easily interact with services. Designing can be a crucial part of the development because it is the first user experience, making it attractive and unique. It involves designing themes, layouts, dashboards, admin or user panels, and more.

 

5. Development

Let’s move on to the fifth development process: assembling a highly skilled development team for a successful tax calculator app with extensive functionalities. If your app is more complex, you need to hire experienced developers, and if it is basic, you should hire an average experienced developer. Development is a vital part of the development process, which includes many implementation phases.

 

6. QA and Testing

In this sixth stage of the development process, after an app is developed, it’s time to test it under different situations and scan for bugs and errors. This stage includes many testing strategies, such as unit testing, integration testing, and security testing. Hire Android app developers to check the app’s quality and ensure that it does not decrease.

 

7. Launching and Marketing

Let’s end the development process by launching the app on the selected deployment platforms, such as Android and iOS. After the app was successfully published, it’s now time to promote the app to be globally reached. There are various marketing strategies, such as email marketing, affiliate marketing, content marketing, product marketing, and more.

 

Ready to Revolutionize Tax Calculations

10 Must-Have Features To Develop A Tax Calculator App Like TaxSlayer

Are you planning to build an app like TurboTax? Then, you have to consider the premium features and adding in your app to make it fully functional. So, here is the list of the advanced features:

 

Features To Develop A Tax Calculator App Like TaxSlayer

 

1. User Registration

The tax calculator app allows users to register or sign in via email, social media platforms, and phone numbers.

 

2. Tax History

The calculator tax app allows users to view their part tax history and download the tax history statement instantly.

 

3. Real-Time Tax Calculations

The TaxSlayer tax calculator app provides real-time calculations. Users input their tax data, and it can evaluate how much tax they have to pay.

 

4. Support Multiple Regions

The free tax calculator app supports multiple regions, allowing international users to select their country and calculate their taxes according to their laws.

 

5. Profile Management

The calculator tax slayer app allows users to manage their profiles, such as personal information, payment methods, and more.

 

6. Tax Refund Estimator

The tax app calculator provides a refund estimator, which enables users to view the tax refunds they have filled out through the app.

 

7. Tax Calculation Engine

An app like Stash provides a calculation engine to automatically calculate the tax of federal and local state taxes.

 

8. Deadline Remainders

Easy tax calculator app sends alert messages to users that their tax filing deadline is coming and need to pay the tax instantly.

 

9. Payment Options

A TaxSlayer tax app provides various online payment options such as net banking, bank transfer, credit or debit cards, and digital wallets.

 

10. Customer Care

The cash app tax calculator provides a 24/7 help center to solve users’ issues and problems as soon as possible.

 

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The Cost To Make A Tax Calculator App Like TaxSlayer

The tax calculator app development cost mainly depends on the various factors that can change the overall budget of development. There are various types of factors, such as features, functions, size, infrastructure, deployment platforms, and development teams.

It can also vary on the additional expenses like maintenance, security measurements, complexity, scalability, and project requirements. The tax calculator mobile app development cost is around $8,000 to $25,000.

So, here we provide the cost table with the project’s complexity and cost estimation:

 

Tax Calculator App Development Estimated Cost Time Frame
Basic App Development $8000 – $12000 2 to 4 Months
Mid-Complex App Development $13000 – $19000 5 to 8 Months
High-Complex App Development $25000+ 9+ Months

 

How To Reduce The Tax Calculator App Development Cost?

To reduce the cost to build a tax calculator application, there are many crucial factors that can help businesses to develop an app in their budget. Businesses need to understand these factors to understand cost-cutting, so here is the list of the reducing factors:

 

Reduce The Tax Calculator App Development Cost

 

1. Hire Freelancers

In this first reducing factor, you can hire freelancers to reduce costs because their costs are low and they also do good work. If your project is not too complex, you can hire an average, experienced developer. If it is more complex, developers with more experience are also available among freelancers. These developers’ costs are reduced because every country has a different currency.

 

2. Use Open-Source Frameworks

In this second reducing factor, open-source frameworks or tools should be used to reduce the cost of overall app development. Use open-source libraries instead of paid libraries because paid libraries can lead to higher costs than the business’s overall app development budget. So, it is one of the most crucial factors that can easily decrease the iPhone and Android app development services.

 

3. Explain Clear Requirements

Let’s move to the last reducing factor: define clear requirements or needs regarding the types of features and functions installed in your app. Clear project requirements avoid data breaches and can also reduce data redundancy. Identify the core features and functions that must be installed in your app.

 

Simplify Tax Filing for Millions

 

How To Make Money From A Tax Calculator App?

You have created a fully functional and advanced tax calculator app. But you do not know how to earn money from that app. No need to worry about this. Here, we offer the various monetization techniques that explain how to generate new revenue streams for your business. So, here is the list of the monetization techniques:

 

Make Money From A Tax Calculator App

 

1. Freemium Model

Let’s begin the monetization technique. Tax calculator apps provide a basic version with normal features. With these simple features, users can not calculate refunds or use other various services. They need to purchase additional features inside the app; otherwise, they have to purchase subscription plans.

 

2. Transaction Fees

In this second monetization technique, tax calculator apps can charge transaction fees for payment transactions via their apps. For example, if users pay the tax through your app, you can charge 1% of the full payment transaction fee. According to the mobile app development company, these can generate new revenue streams for businesses.

 

3. Subscription Plans

Let’s move to the third monetization technique. Users can access all the services or features by subscribing to various subscription plans, such as basic, premium, and enterprise. These subscription plans are based on monthly, quarterly, and yearly plans. These subscription plans can increase the overall business valuation and user base.

 

4. Advertising

In this fourth monetization technique, app like Greenlight Teen Banking allows third-party businesses to display their products via your app. You can charge an acceptable fee by showing ads for their products or services. There are many types of advertising, such as display ads, banner ads, native ads, image ads, and more.

 

5. Collaborations

Entering in the last monetization technique, tax calculator app allows professional vendors or merchants to sell their products through your app. You can earn a commission-based income in every sale of their products and services. So, these collaborations or partnerships can easily generate the new revenue streams for businesses.

 

How Dev Technosys Will Help You?

We are in the final stage of this blog. We talked in detail about how to develop a tax calculator app like TaxSlayer and what type of features you have to install. Investing in the tax calculator app is a profitable opportunity because it shows the market analysis of how rapidly the market grows.

We also provide the cost of overall app development and how you can reduce it and maintain your fixed budget. At last, making money is one of the most crucial things in app development, so we explain every strategy in detail.

Are you planning to build the best app for tax calculation? Share your project requirements with Dev Technosys, a leading tax calculator app development company, to deliver successful development solutions.

 

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Frequently Asked Questions

Q1. How Much Does It Cost To Build A Tax Calculator App Like TaxSlayer?

The top tax calculator apps development cost is around $8,000 to $25,000 or more. Basically, it depends on the various factors such as features, size, complexity, and development team.

 

Q2. How Long Does It Take To Create A Tax Calculator App Like TaxSlayer?

Building a tax calculator app takes 3 to 8 months overall. The time can also be more consuming due to project requirements, the number of features, and developers’ working hours.

 

Q3. Why Do Businesses Invest In Tax Calculator App Development?

Most of the businesses invest in the best income tax calculator apps to receive higher success rates:

  • Globally Reached
  • Efficient Operations
  • Increased Sales
  • Data Insights
  • Brand Reputation

 

Q4. Which Technologies Are Used To Make A Tax Calculator App Like TaxSlayer?

There are various popular and advanced technologies, here is the list:

  • Java
  • Python
  • Kotlin
  • PHP
  • Java Script

 

Q5. How Can I Monetize My Tax Calculator App?

To monetize the tax calculator apps, here we provide the various monetization techniques:

  • Subscription plans
  • Freemium model
  • Advertising
  • Collaborations
  • Transaction Fees