# US 2014/0207630 A1 · Method for transactional prediction and estimation > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 2014/0207630 A1 - Document ID: US20140207630A1 - Status: Published application - Kind: A1 - Application number: 13/747,577 - Filed: 2013-01-23 - Published: 2014-07-24 - Earliest claimed: 2013-01-23 - Assignees: Outright, Inc. - Applicants: Outright Inc. - Inventors: Steven Philip Aldrich; Benjamin Max Curren; Laurel Kate Lee - Web page: https://patentgrep.com/patent/US20140207630A1 ## CPC - G06Q 30/018: Certifying business or products - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract A method for transactional prediction and estimation is presented. The method can include assembling, using a computer system, at least one of transactional data and financial data acquired from at least one online transaction partner of a transaction source, and generating, using the computer system, a predicted regulatory reporting obligation based on the at least one of transactional data and financial data. Upon determining, using the computer system, the predicted regulatory reporting obligation includes a regulatory reporting about the transaction source by the at least one online transaction partner, the method includes generating a report of estimated financial reporting data including potential expenses incurred by the transaction source. ## Claims ### Claim 1 A method, comprising: a) assembling, using a computer system, at least one of transactional data and financial data acquired from at least one online transaction partner of a transaction source, wherein the transaction source and the at least one online transaction partner are separate entities; b) analyzing, using the computer system, the at least one of transactional data and financial data to determine whether a predetermined threshold has been reached; c) generating, using the computer system, a predicted regulatory reporting obligation based on step b); and d) upon determining, using the computer system, the predicted regulatory reporting obligation includes a regulatory reporting about the transaction source by the at least one online transaction partner, generating a report of estimated financial reporting data including potential expenses incurred by the transaction source and indicating the potential expenses as reducing a gross financial total of the regulatory reporting about the transaction source by the at least one online transaction partner. ### Claim 2 (depends on 1) The method of claim 1, wherein the predetermined threshold includes a threshold number of transactions in the transactional data or a threshold amount of revenue in the financial data. ### Claim 3 (depends on 1) The method of claim 1, wherein the predetermined threshold includes a threshold number of transactions in the transactional data and a threshold amount of revenue in the financial data. ### Claim 4 (depends on 1) The method of claim 1, wherein, when step b) fails, the predicted regulatory reporting obligation is negative. ### Claim 5 (depends on 1) The method of claim 1, wherein the report of estimated financial reporting data indicates a transaction total for each of a plurality of data sources. ### Claim 6 (depends on 1) The method of claim 1, including formatting, using the computer system, the report of estimated financial reporting data for use by a regulatory agency. ### Claim 7 (depends on 6) The method of claim 6, including transmitting, using the computer system, the report of estimated financial reporting data formatted to match an internal revenue service (IRS) form 1099-K. ### Claim 8 (depends on 1) The method of claim 1, further comprising prompting, using the computer system, for an adjustment transaction. ### Claim 9 (depends on 8) The method of claim 8, including, after receiving the adjustment transaction, modifying, using the computer system, the report of estimated financial reporting data in accordance with the adjustment transaction. ### Claim 10 A method, comprising: a) assembling, using a computer system, at least one of transactional data and financial data acquired from at least one online transaction partner of a transaction source; b) generating, using the computer system, a predicted regulatory reporting obligation based on the at least one of transactional data and financial data; and c) upon determining, using the computer system, the predicted regulatory reporting obligation includes a regulatory reporting about the transaction source by the at least one online transaction partner, generating a report of estimated financial reporting data including potential expenses incurred by the transaction source. ### Claim 11 (depends on 10) The method of claim 10, wherein the transaction source and the at least one online transaction partner are separate entities. ### Claim 12 (depends on 10) The method of claim 10, wherein the report of estimated financial report data indicates the potential expenses as reducing a gross financial total of the regulatory reporting about the transaction source by the at least one online transaction partner. ### Claim 13 (depends on 10) The method of claim 10, wherein generating a predicted regulatory reporting obligation includes analyzing the at least one of transactional data and financial data to determine whether a predetermined threshold has been reached. ### Claim 14 (depends on 13) The method of claim 13, wherein the predetermined threshold includes a threshold number of transactions in the transactional data or a threshold amount of revenue in the financial data. ### Claim 15 (depends on 13) The method of claim 13, wherein the predetermined threshold includes a threshold number of transactions in the transactional data and a threshold amount of revenue in the financial data. ### Claim 16 (depends on 10) The method of claim 10, wherein the report of estimated financial reporting data indicates a transaction total for each of a plurality of data sources. ### Claim 17 (depends on 10) The method of claim 10, including formatting, using the computer system, the report of estimated financial reporting data for use by a regulatory agency. ### Claim 18 (depends on 17) The method of claim 17, including transmitting, using the computer system, the report of estimated financial reporting data formatted for use by a regulatory agency to the regulatory agency. ### Claim 19 (depends on 10) The method of claim 10, further comprising prompting, using the computer system, for an adjustment transaction. ### Claim 20 (depends on 19) The method of claim 19, including, after receiving the adjustment transaction, modifying, using the computer system, the report of estimated financial reporting data in accordance with the adjustment transaction.