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US 12,725,208 B2Granted
System and method for tax return management
AssigneeDatavault AI Inc.
InventorsAlfred Blair Blaikie, III, Nathaniel T. Bradley, Joshua S. Paugh, Edward Braniff, III
Life of this patent
Estimating the term…
Abstract
A system, method, device, and data platform for managing a tax return. A user profile is received. Client data is automatically aggregated according to the user profile. The client data is tokenized in one or more tokens associated with the client. One or more relevant tax return strategies are determined based on the client data and the one or more tokens. A template tax return is automatically created based on the one or more relevant tax return strategies. The template tax return is populated with the client data to generate the tax return for the client.
Claims20
A method for managing a tax return utilizing a data platform, comprising:
- receiving a user profile from a client for automatically aggregating client data by the data platform from one or more accounts and services;
- automatically aggregating the client data according to the user profile from the accounts and services;
- objectifying and tokenizing the client data in one or more tokens associated with the client utilizing the data platform, wherein the objectifying comprises parsing the client data into structured tax-data objects each having attributes that are tax-related, wherein the one or more tokens are blockchain tokens recorded on a distributed ledger, and wherein each of the blockchain tokens representing a corresponding objectified tax-data object;
- determining one or more relevant tax return strategies based on querying the tax relevant attributes encoded in the one or more tokens via the distributed ledger and applying one or more rule-based or machine learning models;
- automatically creating a template tax return based on the one or more relevant tax return strategies;
- and
- populating the template tax return using information derived from the one or more tokens to generate the tax return for the client including mapping the structured tax-data objects to corresponding fields of the template tax return.
4 more elements
A system for managing a tax return, comprising:
- a plurality of electronic devices executing a data application, the data application is configured to aggregate client data associated with a client and data from a plurality of clients;
- and
- a data platform accessible by the plurality of electronic devices executing the data application through one or more networks, wherein the data platform receives a user profile for automatically aggregating the client data from the plurality of electronic devices and one or more accounts and services associated with the client, objectifies and tokenizes the client data in one or more tokens associated with the client utilizing the data platform, wherein the objectifying includes parsing the client data into structured tax-data objects each having attributes that are relevant to taxes, wherein the one or more tokens are blockchain tokens and each of the blockchain tokens represents a corresponding objectified tax-data object, determines one or more relevant tax return strategies based on attributes encoded in the one or more tokens, automatically creates a template tax return based on the one or more relevant tax return strategies, and populates the template tax return using information derived from the one or more tokens to generate the tax return for the client including mapping the structured tax-data objects to corresponding fields of the template tax return.
A data platform, comprising:
- a processor for executing a set of instructions;
- a memory for storing the set of instructions, wherein the set of instructions are executed to:
- receive a user profile from a client for automatically aggregating the client data from one or more accounts and services associated with the client, automatically aggregate the client data according to the client profile, objectify and tokenize the client data in one or more tokens associated with the client utilizing the data platform, wherein the objectifying comprises parsing the client data into structured tax-data objects each having attributes that are tax-related, wherein the one or more tokens are blockchain tokens and each of the blockchain tokens represents a corresponding objectified tax-data object, determine one or more relevant tax return strategies based on attributes encoded in the one or more tokens, automatically create a template tax return based on the one or more relevant tax return strategies, and populate the template tax return using information derived from the one or more tokens to generate the tax return for the client including mapping the structured tax-data objects to corresponding fields of the template tax return.
Dependencies are inferred from the claim text.