Tax Data Management and Reporting System
OwnerNikolaos Spyridonos, Sadiq Samaniinventors
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Abstract
A system and method to manage, report and collect property tax information and data in real time, which may provide a means to transmit and communicate information from a plurality of tax information sources to a plurality of tax information targets.
Claims24
An online data management system for the dissemination of tax information from a plurality of sources to a plurality of distribution targets amongst a plurality of states, jurisdictions, and tax districts, comprising
- a. a web server component;
- and
- b. a unified database accessible to a plurality of sources and a plurality of distribution targets.
A method for managing tax information for a plurality of tax information distribution sources and targets in a plurality of states, jurisdictions, and tax districts using an online data management system for the dissemination of tax information, the method comprising:
- a. Maintaining a database of property tax data of properties and tax information distribution sources and targets of a variety of states, jurisdictions, and tax districts on a web portal;
- b. Registering an account on said web portal to create a profile, which may be a profile for a lender, tax collector, or bulk payer;
- c. Locating a tax information distribution target in the database of tax information distribution sources and targets;
- d. Sending an electronic invitation to said distribution target.
A method for managing tax between a mortgage lender or bulk payer to a tax collector using an online data management system for the dissemination of tax information, the method comprising:
- a. Maintaining a database of the tax roll of the tax collector;
- b. Loading property portfolio, by a lender or bulk payer, onto an online data management system web portal, which may contain a list of property identification codes;
- c. Validating, by the system, each property identification code against the database of the tax roll of the tax collector;
- d. Blocking, by the system, any property parcel identification codes that exist in the property portfolios of more than one mortgage lender or bulk payer;
- e. Combining, by the system, the total tax due for all property taxes on the mortgage lender's portfolio;
- f. Executing a payment action, by the mortgage lender.
Dependencies are inferred from the claim text.