Proof of Usefulness Report

Taxfyle

Analysis completed on 1/31/2026

+654
Proof of Usefulness Score
Category Standard

Taxfyle is a well-established 'Uber for taxes' platform with verified Series B funding (~$35M+) and estimated annual revenue of ~$15M. While the submission itself was extremely low quality (hyperbolic claims, lazy text), external verification confirms it is a significant player in the fintech space with ~100k users and 4,000+ licensed professionals. The project demonstrates high real-world utility and traction, significantly outperforming the baseline calibration despite the poor submission effort.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+120
Technical Innovation+112.5
Evidence Of Traction+225
Market Timing Relevance+85
Functional Completeness+2.5
Subtotal+770
Usefulness Multiplierx0.85
Final Score+655

Project Details

Project URL
taxfyle.com
Description
Tickmark’s flagship application, Taxfyle, was launched in 2015 as the “easiest way to file your taxes”. Considered the #1 tax app in the Apple Store for four tax seasons in a row, Taxfyle has revolutionized the world of accounting and more specifically tax preparation. \n\nWhether you’re an individual looking to file your taxes or an accounting firm looking to outsource tens of thousands of returns to domestic tax professionals, Taxfyle’s apps and APIs connect you with the right accountants to meet your needs.\n\nThrough Worklayer we bring together more than 4,000 licensed accountants and scale for any need our client base has. This augmented workforce drives a powerful accounting solution for individuals and small businesses, domestic outsourcing for accounting firms, and value-added services for channel partners and marketplaces.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline