This invention concept pertains to accounting planning software that helps to inform customers how to avoid paying taxes based on their projected earnings. It gives options of how to obtain write-offs through purchases, and advises on other financial maneuvers, such as how to save for retirement, while incurring the minimum amount of tax liability. The system would automatically update its database of tax policy that it uses to make advisements directly from the Internal Revenue Service.
- Patrick R. McElhiney
- Financial Systems (FS)