Patent ID: 8429039

Claim:
A system, comprising: one or more processors; a display device; a memory coupled to the one or more processors and the display device, wherein the memory comprises program instructions executable by the one or more processors for a tax program configured to: prepare a tax return to a first tax authority for a taxable entity, wherein the tax return indicates a refund due to the taxable entity from the first tax authority; allocate the refund due to the taxable entity from the first tax authority to be paid to one or more institutions for payment of a debt or obligation of the taxable entity, wherein the debt or obligation exists before the refund is determined; transmit to at least one financial institution for the first tax authority, a first message comprising first tax refund allocation instructions, the first tax refund allocation instructions comprising identification information of the taxable entity, a distribution indicator to the one or more institutions, and an amount of the refund; and transmit to the at least one financial institution for the one or more institutions a second message comprising second tax refund allocation instructions, the second tax refund allocation instructions comprising the identification information of the taxable entity, identification of the first tax authority, the amount of the refund, and a source for paying a remaining balance of the debt or obligation, wherein the at least one financial institution is configured to: distribute the refund to the one or more institutions in payment of the debt or obligation in accordance with the first tax refund allocation instructions, and pay the remaining balance from the source to the one or more institutions in accordance with the second tax refund allocation instructions.