Inspiration

We were inspired by how the cost of filing your taxes through an agency or though an tool causes a person to spend quite a but of external money. This harms a lot of people, so we thought we could make a tool that would perform all the functions that is needed to calculate all your taxes properly and is for free.

What it does

TaxBot is able to scan your receipts and calculate your taxes based on that.

How we built it

We built it using Replit and we used an API from rapid API

Challenges we ran into

We struggled a lot with trying to implement the API, but thankfully, with the help of our mentors and our sponsors in rapid AI, we were able to figure out a working solution.

Accomplishments that we're proud of

Our application is important because it can often cost a lot of money to hire someone to do your taxes. This is done to avoid mistakes that can end up costing an individual a lot of money. Our tool essentially empowers individuals to do these calculations correctly and that is affordable. Even when online applications were created to make the service of filling taxes easier, efficient, and cheaper, it often fails to actually do this, as many of the existing applications are misleading and can cost a lot of money to pay or a subscription like TurboTax. This is a huge barrier to people and their financial security. With this tool, anyone and everyone can utilize this website to calculate their taxes that they would have to pay to their specific government for no cost.

What we learned

We learned how to successful take advantage and use na API, to scan receipts and have meaningful things the data can do like adding the total information together.

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