Block, Inc.

Other

Andrew Gertig

Philip A Parker

Philip M Parker

Technology is described for generating a tax return document. In one example, a payment service system presents a user interface on a mobile device of a user. Based on user selection of an icon of the user interface, the payment service system determines tax liability of the user and generates tax return documents on behalf of the user. The tax liability and tax return documentation is based at least in part on a user profile of the user stored at the payment service system and on financial data associated with services provided to the user by the payment service system.

Tax return document generation

Technology is described for managing a user account. An example method includes: a payment service system (PSS) monitoring in real-time transactions of users, receiving a request from a user to complete a transaction, and dynamically determining a predicted tax liability amount for the transaction that increases or decreases a total tax liability of the user. The PSS then displays the predicted tax liability amount on a display of the users device with a request for confirmation to continue with the transaction. If confirmation is received, the PSS modifies tax liability information for the user that reflects the completed transaction. The user may also cancel the transaction responsive to receiving the predicted tax liability amount.

Automatic tax account management

Technology is described for managing a user account. An example method includes: a payment service system (PSS) receiving payroll funds for a user having an account with the PSS, and generating a tax payment account on behalf of the user. The PSS determines an amount of the payroll funds (or other income funds) to divert to the tax payment account based on tax liability information. Furthermore, the PSS determines, based on transaction information associated with the user account, a modified amount of the income funds to divert to the tax payment account, and the PSS causes the modified amount of the payroll funds to be diverted to the tax payment account.

Technology is described for implementing and managing loans made against projected tax refunds. In one example, a payment service system receives a request for a loan against an expected tax refund for a user. The payment service system can determine a confidence score for loan repayment and can generate an offer for the loan based on the confidence score. Upon acceptance of the offer, the user can be provided with funds for the loan.

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San Francisco, CA, United States of America

Andrew Gertig