Patent · US Expired

System and method for tracking charitable deductions

US7395230B2 · kind B2 · utility

6Cited by
18References
9Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMar 13, 2001
Grant dateJul 1, 2008
Priority date
Expiry dateMay 31, 2024

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/123
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system and method for recording and tracking charitable donations over a period of one or more years, and for determining the tax consequence associated with such donations based upon taxing authority guidelines (including laws, regulations, rules, guidelines or other mandates) applicable to the time period in which such donations were made. One aspect of the invention is directed to a method implemented by software for tracking charitable donations over a period of years whereby a user is prompted to select a donation and a year in which the donation was made from a memory; the software retrieves a tax deductible valuation associated with that donation and stores the donation and value in the memory in association with each other. Another aspect of the invention is directed to a system for determining the tax deductible value of charitable donations whereby a partner server electronically captures sales data of items and sends the sales data to a system server that stores such data in memory.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.