Proactive tax preparation
US7860763B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 13, 2005 |
| Grant date | Dec 28, 2010 |
| Priority date | — |
| Expiry date | Nov 24, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An automated system prepares a new tax return for a user based on information associated with the user's return from a previous year. The system uses the tax return from the previous year to obtain taxpayer data and to identify sources of current data. It retrieves current year information from the sources and uses it together with data from the previous year return to prepare a new tax return with minimal user assistance. In an embodiment, the system determines the likely accuracy of a new tax return generated based on the previous year tax return, and prepares the new tax return only if the likely accuracy is above a predetermined threshold.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.