Mark A Ernst

Title: Mark A Ernst: Innovator in Tax Refund Systems

Introduction

Mark A Ernst is a notable inventor based in Mission Hills, KS (US). He has made significant contributions to the field of tax refund systems, holding a total of 3 patents. His innovative ideas have the potential to transform how taxpayers manage their refunds.

Latest Patents

One of Mark A Ernst's latest patents is a tax refund system that allows taxpayers to assign all or a portion of their tax refund in exchange for a spending vehicle. This system involves processing tax return data through the IRS, where taxpayers consent to use a portion of their tax return data to acquire a spending vehicle from a financial institution of their choice. The IRS then electronically transfers an amount related to the taxpayer's refund to the selected financial institution. As a result, taxpayers receive a spending vehicle such as a credit, debit, or cash card, or other forms of spending accounts from various providers.

Career Highlights

Mark A Ernst is currently employed at H&R Block Tax Services LLC, where he continues to develop innovative solutions in the tax industry. His work focuses on enhancing the taxpayer experience and streamlining the refund process.

Collaborations

Mark collaborates with Robert D Wilson, a coworker at H&R Block Tax Services LLC. Together, they work on advancing tax-related innovations that benefit consumers.

Conclusion

Mark A Ernst's contributions to tax refund systems demonstrate his commitment to innovation in the financial sector. His patents reflect a forward-thinking approach that could significantly improve how taxpayers interact with their refunds.