Exercises

Project Idea: Tax assistant app( TaxAncile)

Exercise 2: Needs Assessment

• Objective-this app is intended to help the user file their taxes, similar to an accountant.
• Background-The recent stimulus tax credits has reflected the importance of understanding taxes. Unfortunately, many need to rely on accountants to file their taxes.
• Methodology-This app should help Americans file their taxes by providing instructions based on their information.
• Expected results-Users should be able to get the benefits of an accountant by using a simple app.

Exercise 3: Problem Formulation

• Problem statement: Most citizens don't know how to file their taxes or how to maximize their benefits.
• Kepner-Tregoe Situation: The stimulus checks were passed into law during March 2020, to alleviate some of the damage done by the Corona virus. U.S. Citizens can claim up to $2000. This is only one case where this app would be useful, as it would inform users if they are eligible.
• Present state-desired state: Currently most people rely on an accountant or their own research to file their taxes.
• Possible problems: there may be security concerns as very important information will be needed for the app. The app will need to have trustworthy measures to protect user accounts.

Exercise 4: Solution Formulation

• Clear instructions on what information must be provided for the app
• Possible alerts for new tax legislation and how it effects users.
• Estimates for tax returns

Exercise 5: Intellectual Properties

• There are various other apps with a similar purpose to my project. These include TurboTax Deluxe and H&R Block Deluxe. However, none of the elements of the app are copyrighted. The potential title of the app, TaxAncile, doesnt appear to be copyrighted.

Exercise 6: Project Model

• The app would function by potentially scanning tax forms or providing fields for users to fill in their information. The app will be updated to reflect newer tax laws. This will possibly provide notifications to users about major changes.

Exercise 8: Ethics and Liability

Potential hazards

• Privacy concerns, private information being used for the app. If there was a breach in security, user information could be leaked.

Exercise 9: Failure and Hazard Analysis

• Strong security measures, potentially utilizing blockchain and encryption. Be completely transparent with users on any concerns and how information is used.

Exercise 10: Design Analysis

• KT decision matrix for design goals with weighting, rating, and decision factors.

D=Decision factor, W=Weighting, R=rating, D=W*R

• KT evaluation matrix for adverse consequences with probability, severity, and threat.