Patent ID: 7900298
Filing Date: 2011-03-08
Classification: G06Q

Abstract:
1. A method for managing a tax refund account by a taxpayer, comprising: Obtaining, by a processor, a tax refund account comprising financial information associated with the taxpayer, wherein the financial information comprises tax information of the taxpayer; calculating, by said processor, a current refund balance representing a value of the tax refund account for the taxpayer contemporaneously with displaying the current refund balance, wherein the value of the tax refund account is based on the tax information and represents an amount the taxpayer contributed-to-date towards a tax year refund; displaying, by said processor, a list of contributions to the tax refund account, wherein the list of contributions comprises a plurality of activities that occurred and a value associated with each of the plurality of activities, wherein the plurality of activities contribute towards the current refund balance; adjusting, by said processor, the current refund balance based on at least a future recurring event associated with an activity of the plurality of activities in the list of contributions to generate an estimated refund amount representing an estimated value of the tax year refund; updating, by said processor, the displayed list of contributions based on maturity of the future recurring event; and displaying, by said processor, the estimated refund amount.