Financial reporting system and method

A financial reporting system for disclosing taxes to a regulatory authority, the financial reporting system comprising:

• a server including a server-processor and a server-memory, the server-memory including a server-database, the server-database including a plurality of user-records, wherein each of the user-records includes a plurality of financial data-points;
• a software-application downloadable to an electronic device, the software-application including a plurality of data-input interfaces, a data-input protocol, and a data-organization protocol;
• and
• a communication-network communicably coupling the software-application to the server;
• wherein the server-processor is configured to retrieve the plurality of user-records and display them as a first list on the electronic device;
• wherein the server-processor is further configured to retrieve the plurality of financial data-points and display them as a second list on the electronic device;
• wherein the first list is configured as a graphical interface having executable commands for sorting the first list;
• wherein the first list is configured as a tax-reporting document;
• wherein the first list is configured as a summary list;
• wherein the first list is configured as an analytical interface having executable commands for displaying various tax scenarios;
• wherein the plurality of data-input interfaces provide a means for a user to upload at least one of the financial data-points to the server;
• wherein the plurality of data-input interfaces includes a manual input function executable by the user;
• wherein the plurality of data-input interfaces includes a direct input function configured to retrieve data from an outside server;
• wherein the outside server is integral to the regulatory authority;
• wherein the plurality of data-input interfaces includes a visual input function executable by the electronic device;
• wherein the electronic device is a mobile device having a camera;
• wherein the data-input protocol is configured to translate the data received from the camera of the mobile device into the first list;
• wherein the data-organization protocol is configured to sort data received from the plurality of data-input interfaces;
• and
• wherein the communication-network is a wireless network.

A method of using a financial reporting system for disclosing taxes to a regulatory authority, the method comprising the steps of:

• providing the financial reporting system including a server having a server-processor and a server-memory, the server-memory including a server-database, the server-database including a plurality of user-records, wherein each of the user-records includes a plurality of financial data-points, a software-application downloadable to an electronic device, the software-application including a plurality of data-input interfaces, a data-input protocol, and a data-organization protocol, and a communication-network communicably coupling the software-application to the server;
• downloading the software-application to the electronic device;
• and
• creating at least one user-record having at least one financial data-point by using at least one of the data-input interfaces.