Company Filing History:
Years Active: 2000-2013
Title: Michael R. McNally: Innovator in Automated Systems and Tax Management Solutions
Introduction
Michael R. McNally is an accomplished inventor based in Austin, TX, with a notable portfolio comprising 12 patents. His inventive contributions focus on the automation of financial processes, particularly in the realm of tax-advantaged accounts. His latest patents showcase advanced systems designed to facilitate seamless management of qualifying expenses and related account transactions.
Latest Patents
Among Michael R. McNally's recent innovative achievements, two significant patents stand out. The first patent addresses systems for automated identification and processing of qualifying expenses for tax-advantaged accounts. This invention automates the management of such accounts by identifying expenditures eligible for tax-advantaged payment, storing relevant records, and managing contributions based on account holder preferences and statutory limits. Additionally, it incorporates features for calculating amounts and managing withdrawals, thus optimizing the overall account experience for users.
The second patent introduces a workflow distribution process enabling operators with assigned activities to access necessary computer resources through an interactive display interface. This method is designed to limit resource access until the completion of assigned tasks, ensuring efficiency in workflow management among multiple users operating from various computer-controlled display stations.
Career Highlights
Throughout his career, Michael R. McNally has worked with prominent companies, including the International Business Machines Corporation (IBM) and Tango Health, Inc. His role in these organizations has allowed him to develop and implement innovative solutions that streamline complex processes, benefiting both the companies and their clients through enhanced automation and efficiency.
Collaborations
Michael has collaborated with several notable professionals in his field, including Brian Jay Vetter and Stuart L. Jarriel. These partnerships have contributed to the development of his patents, combining skill sets to create effective solutions within the technology sector.
Conclusion
Michael R. McNally exemplifies the spirit of innovation through his commitment to developing automated systems that improve financial management processes. His work not only enhances the user experience for account holders but also contributes to the growing field of technology-driven solutions in tax management. With a continuing emphasis on automation and efficiency, his contributions will likely inspire further advancements in the industry.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.