Patent ID: 7769647

Claim:
A computing system implemented process for providing a year-round tax monitor comprising: obtaining baseline tax data associated with a user; obtaining current year-to-date tax data associated with the user; obtaining supplementary user tax data for the current tax year associated with the user; automatically analyzing, by a computing system, the baseline tax data associated with the user, the current year-to-date tax data associated with the user, and the supplementary user tax data for the current tax year associated with the user no less frequently than a change being automatically detected by a computing system in one or more of the baseline tax data, the current year-to-date tax data, or supplementary user tax data for the current tax year; as a result of the analysis of the baseline tax data associated with the user, the current year-to-date tax data associated with the user, and the supplementary user tax data for the current tax year associated with the user, automatically estimating by a computing system, the user's current year tax liability; automatically analyzing, by a computing system, the estimate of the user's current year tax liability, the current year-to-date tax data associated with the user, and the supplementary user tax data for the current tax year associated with the user; as a result of the analysis of the estimate of the user's current year tax liability, the current year-to-date tax data associated with the user, and the supplementary user tax data for the current tax year associated with the user, automatically calculating, by a computing system, an estimated tax refund owed to, or a tax liability owed by, the user for the current tax year; and responsive to automatically calculating an estimated tax refund owed to, or a tax liability owed by, the user for the current tax year, automatically providing, by a computing system, data representing the calculated estimated tax refund owed to, or a tax liability owed by, the user for the current tax year to the user using a tax monitor widget displayed on a display device of a computing system.