System and method for automatic payment of estimated tax due

Details System and method for automatic payment of estimated tax due System and method for automatic payment of estimated tax due

2007-01-14

2011-10-11

Almatrahi, Faris (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Accounting

C705S039000, C705S040000, C705S042000

Reexamination Certificate

active

08036959

ABSTRACT:
Embodiments of the present invention may provide a method and system for accepting financial information from a customer for generating an estimated tax due to the taxing authority and a date by which the estimated tax is due, and periodically impounding an amount of money from an account held by the customer, where each amount impounded is less than the estimated tax and the combined value of the amounts impounded by the date substantially match the estimated tax.

REFERENCES:
patent: 2002/0198832 (2002-12-01), Agee et al.
patent: 2005/0075975 (2005-04-01), Rosner et al.
patent: 2008/0103960 (2008-05-01), Sweeney
PCT Search Report dated Dec. 3, 2009 of PCT Application No. PCT/US2009/060154 filed Oct. 9, 2009.

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