Patent ID: 7395230

Claim:
A computer-implemented method for tracking charitable donations, said method comprising the steps of: storing in memory data indicative of one or more non-cash donatable items and a tax-deductible valuation associated with each said non-cash donatable item for a current tax year and at least one previous tax year; prompting a user to select one or more of said non-cash donatable items that has been charitably donated in one of said tax years and to indicate the tax year in which the selected non-cash donatable item was donated; retrieving the tax-deductible valuation associated with said selected non-cash donatable item for the indicated tax year from memory; receiving sales data periodically from one or more partner servers, wherein said partner servers are programmed to electronically collect sales data of items sold; calculating the tax-deductible valuation in accordance with tax authority guidelines for each of said non-cash donatable items based on said sales data; and storing said selected non-cash donatable item, indicated tax year and retrieved tax-deductible valuation in said memory in association with each other.