Patent · US Active

System and method for tracking charitable deductions

US8429024B1 · kind B1 · utility

13Cited by
25References
9Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 18, 2012
Grant dateApr 23, 2013
Priority date
Expiry dateMay 18, 2032

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 applicable to the time period in which such donations were made. Additionally, 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 for a memory. The software retrieves a tax deduction valuation associated with that donation and stores the donation and value in the memory in association with each other. Another aspect is directed to a system for determining the tax deduction 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.