SYSTEM AND METHOD FOR FORECASTING TAX EFFECTS OF FINANCIAL TRANSACTIONS
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Accused Products
Abstract
A system and method for forecasting tax effects of financial transactions is provided. The system and method include a series of web pages. The web pages allow a user to 1) determine their federal and state tax rates, 2) describe the asset they wish to sell. Additional web pages then display the tax consequences of the sale of the asset along with the details of the calculations used to evaluate those consequences. Still more web pages can be used to describe an asset to buy. In this case, the displayed consequences are expanded to compare the benefit of holding the current asset against the benefit of acquiring the new asset.
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Citations
59 Claims
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1-34. -34. (canceled)
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35. In a computer system for forecasting financial effects of holding an asset versus selling the asset and purchasing an alternative asset, where the computer system includes a memory device which stores software instructions for carrying out a method comprising the steps of:
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generating a first sequence of one or more web pages, wherein the first sequence of one or more web pages allows a user to select between a first option of calculating tax on a sale of the asset, and a second option of comparing two investment options on an after-tax basis, where a first investment option is continuing to hold a particular asset, and a second investment option is selling the particular asset, and purchasing a different asset;
in response to the user selecting the first option, generating a second sequence of one or more web pages, the second sequence of one or more web pages allowing the user to enter information describing the user'"'"'s tax rates and to enter information describing the asset to be sold;
calculating the financial effects resulting from the sale of the asset described by the user in the second sequence of one or more web pages; and
generating a third sequence of one or more web pages displaying the financial effects of selling the asset described in the second sequence of one or more web pages. - View Dependent Claims (36, 37, 38, 39, 40, 41)
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42. A method for forecasting and comparing financial effects of holding a first asset versus selling the first asset and purchasing a second asset, where the method comprises:
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generating a first sequence of one or more web pages, wherein the first sequence of the one or more web pages allows a user to compare the financial effects of holding or selling the first asset;
generating a second sequence of one or more web pages, wherein the financial effects of holding or selling the first asset are calculated using information received using the second sequence of one or more web pages; and
generating a third sequence one or more web pages displaying the financial effects of holding or selling the first asset. - View Dependent Claims (43, 44, 45, 46)
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47. A computer system for forecasting and comparing financial effects of holding a first asset versus selling the first asset and purchasing a second asset, where the computer system includes a memory device which stores software instructions for carrying out a method comprising the steps of:
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generating a first sequence of one or more web pages, wherein the first sequence of the one or more web pages allows a user to compare the financial effects;
generating a second sequence of one or more web pages, wherein the financial effects of holding or selling the first asset are calculated using information received using the second sequence of one or more web pages; and
generating a third sequence one or more web pages displaying the financial effects of holding or selling the first asset. - View Dependent Claims (48, 49, 50, 51)
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52. A method for forecasting and comparing financial effects of holding a first asset versus selling the first asset and purchasing a second asset, where the method comprises:
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displaying a first sequence of one or more web pages, wherein the first sequence of the one or more web pages allows a user to compare the financial effects;
displaying a second sequence of one or more web pages, wherein the financial effects of holding or selling the first asset are calculated using information received using the second sequence of one or more web pages; and
displaying a third sequence of one or more web pages, wherein the third sequence of one or more web pages displays the financial effects of holding or selling the first asset. - View Dependent Claims (53, 54, 55, 56)
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57. A computer system for forecasting and comparing financial effects of holding a first asset versus selling the first asset and purchasing a second asset, where the computer system includes a memory device which stores software instructions for carrying out a method comprising the steps of:
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displaying a first sequence of one or more web pages, wherein the first sequence of the one or more web pages allows a user to compare the financial effects;
displaying a second sequence of one or more web pages, wherein the financial effects of holding or selling the first asset are calculated using information received by the second sequence of one or more web pages; and
displaying a third sequence one or more web pages, wherein the third sequence of one or more web pages displays the financial effects of holding or selling the first asset. - View Dependent Claims (58, 59)
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Specification