Is Taxee API updated regularly with latest changes in Tax Brackets ?

[parampreet-smartdata]

Hi Team,

Please have a look at the data i have shared in screenshot about Federal and State Tax for year 2018 that has data been calculated from 3 sources :-

1. My Client data calculated manually
2. Data calculated by Taxupdate.com API (which is paid subscription based)
3. Data calculated by Taxee API

My client data and Taxupdate Data matches very closely. But Taxee data varies a lot.

Can you confirm that Taxee data is accurate as per latest changes in Tax Brackets and can be relied upon for use in production environment ? If not, can you do anything to improve the results?

Regards,
Parampreet

[OzzyTheGiant]

Doesn't seem like they maintain this repo very often. One thing to point out, I was working on a tax estimate calculator, which includes the state taxes, and unfortunately, I discovered they don't include personal exemptions for state taxes, which makes a significant difference in calculating the estimate.

[vkaminsky-aires]

Hi @OzzyTheGiant,
I have a similar requirement, what API did you end up using?

Thanks

[kygwang]

Curious what you decided to go with @VBK-Github ? I'm building a calculator where I'd like to use an API for all the income tax calculations, including deductions by state. Evaluating Track.tax and Hurdlr's Tax API engine.

[OzzyTheGiant]

I stuck with this API. There really isn't anything out there to fill this need. I guess there's not much intersecting interest between web developers and accountants to create a robust, free, open source API for this type of stuff, and I don't blame them as this would have to be updated every year with significant changes. Either way, I haven't updated the tax tool since I built it.

[vkaminsky-aires]

@kygwang I'm still looking for a Tax API engine.

[MaxGhenis]

If anyone's still looking for a tax calculation API, we at PolicyEngine serve one. Here's our API documentation. We're a nonprofit and currently serve this free of charge. Our rules are open source at https://github.com/PolicyEngine/policyengine-us.

Currently we have federal income tax and state income tax models in six states: MA, MD, NY, OR, PA, and WA. We'll also likely finish CA, IL, and MO in the next month. But we could pretty quickly ingest this taxee data so we can serve brackets and compute rough tax before credits in all states if there's appetite.

Feel free to reach out - I'm [email protected].