Method of and information processing machinery for recognizing, computing and capturing subsidizing payment contributions made by paying consumers when paying for services provided by organizations that also provide simimlar services to others in financial need in a subsidized manner

Abstract

Method of capturing, by registered, paying consumers, consumer subsidizing payment contribution based tax benefits across a plurality of tax-qualified organizations and institutions participating within an internet-based tax benefit calculation and capture (TBRCC) network, and calculating and capturing tax benefits generated by consumers paying in excess of the cost of economic benefit(s) provided, with the excess of consumers' payments used to subsidize the receipt of identical or similar economic benefit(s) (e.g. services and/or goods) provided to other consumers in financial need. Further, providing registered, paying consumers with the ability to sell or trade their subsidizing payment contribution-generated tax benefit(s), or converted tax benefits, to other consumers and entities also registered and participating in the TBRCC network. Finally, providing full tax reconciliation between all registered, paying consumers, tax-qualified organizations and institutions, other consumers and entities, and all relevant taxing authorities.

1 . A computer-based accounting system for recognizing, computing and capturing a subsidizing payment contribution made by a consumer when paying for services provided by a tax-qualified organization also providing services to others in need in a wholly or partially subsidized manner, said computer-based accounting system comprising:
 an accounting software subsystem for accounting costs incurred by said organization to provide said services to said paying consumers and said others in need, and also revenue generated by said tax-qualified organization, over a predetermined accounting period;   a first computer accounting software module, residing within said integrated accounting software subsystem, and configured for computing a total average cost per consumer for said services provided to said consumer by said tax-qualified organization, over said predetermined accounting period; and   a second computer accounting software module, in communication with said first computer accounting software module, utilizing (i) said total average cost per consumer and (ii) an individual consumer invoice providing a statement of payment due for services and/or goods to be paid for said paying consumer, so as to (i) compute a subsidizing payment contribution made said paying consumer for services of those in need provided by said tax-qualified organization in a wholly or partially subsidized manner, and (ii) generate an electronic document containing data representative of said subsidizing payment contribution;   wherein said subsidizing payment contribution is based on the difference between (i) said actual payment for services and/or goods reflected in said individual consumer invoice, and (ii) said total average cost per consumer for said services provided to said consumer by said tax-qualified organization; and,   a device for displaying and/or transmitting said electronic document to said consumer;   whereby said subsidizing payment contribution may be used to create a basis for tax benefits for said paying consumer, and/or tax status support for said tax-qualified organization.   
     
     
         2 . The computer-based accounting system of  claim 1 , wherein said subsiding payment contribution is used to claim a tax benefit, in the form of a deduction or credit, in a tax return filing. 
     
     
         3 . The computer-based accounting system of  claim 1 , comprising a database server and application server supporting said accounting software subsystem. 
     
     
         4 . The computer-based accounting system of  claim 3 , wherein said application and database servers are operably connected to the infrastructure of the Internet. 
     
     
         5 . The computer-based accounting system of  claim 1 , wherein said device further comprises at least one of a graphical display device, a document printer, and a document transmitter. 
     
     
         6 . A computer-based accounting system for recognizing, computing and capturing a subsidizing payment contribution made by a consumer when paying for services provided by a tax-qualified organization also providing services to others in need in a wholly or partially subsidized manner, said computer-based accounting system comprising:
 an accounting software subsystem for accounting costs incurred by said organization to provide said services to said paying consumers and said others in need, and also revenue generated by said tax-qualified organization, over a predetermined accounting period;   a first computer accounting software module, residing within said integrated accounting software subsystem, and configured for computing a total average cost per consumer for said services provided to said consumer by said tax-qualified organization, over said predetermined accounting period; and   a second computer accounting software module, in communication with said first computer accounting software module, utilizing (i) said total average cost per consumer and (ii) an individual consumer invoice providing a statement of payment due for services and/or goods to be paid for said paying consumer, so as to (i) compute a subsidizing payment contribution made said paying consumer for services of those in need provided by said tax-qualified organization in a wholly or partially subsidized manner, and (ii) generate an electronic document containing data representative of said subsidizing payment contribution;   wherein said subsidizing payment contribution is based on the difference between (i) said actual payment for services and/or goods reflected in said individual consumer invoice, and (ii) said total average cost per consumer for said services provided to said consumer by said tax-qualified organization; and   a device for displaying or transmitting said electronic document to said consumer;   whereby said subsidizing payment contribution may be used to create a basis for tax benefits for said paying consumer;   wherein said basis for tax benefits represents a tax deductible amount; and   wherein said tax deductible amount is converted to a greater, tax creditable amount for resale to said other consumers and entities for the purpose of reducing said paying consumer's educational-related or healthcare-related debt.   
     
     
         7 . The computer-based accounting system of  claim 6 , wherein said subsiding payment contribution is used to claim a tax benefit, in the form of a deduction or credit, in a tax return filing. 
     
     
         8 . The computer-based accounting system of  claim 6 , comprising a database server and application server supporting said accounting software subsystem. 
     
     
         9 . The computer-based accounting system of  claim 7 , wherein said application and database servers are operably connected to the infrastructure of the Internet. 
     
     
         10 . The computer-based accounting system of  claim 6 , wherein said device further comprises at least one of a graphical display device, a document printer and a document transmitter. 
     
     
         11 . A method of recognizing, calculating, and capturing a subsidizing payment contribution constituting a basis for tax benefits generated by paying consumers when making payments to tax-qualified organizations for economic, educational, or health benefits, wherein the amount of said payments exceeds the costs of the economic, educational, or health benefits provided and, wherein the amount of excess payment is used to subsidize other consumers in financial need, said method comprising the steps of:
 (a) providing each tax-qualified organization access to a computer-based accounting system programmed to account for membership, tuition and other payments made by said paying consumer to said tax-qualified organization, and compute the cost of an economic, educational, or health benefit(s) provided thereby, and generating tax benefits for use by said paying consumer, based on the difference between a payment amount made by the paying consumer and the monetary value of said economic or educational benefit(s) provided to others in financial need;   (b) providing an internet-based computer accounting network including each said computer-based accounting system accessible by said tax-qualified organizations, and one or more database servers for storing, retrieving and accessing user account data relating to all registered participants, including tax identification information for all registered participants, and tax benefits data representative of tax benefits and/or transactions engaged in on said internet-based computer accounting network, over specific accounting periods;   (c) registering one or more said tax-qualified organizations with said internet-based computer accounting network, and maintaining a user account for each registered tax-qualified organization, including tax identification information about said registered tax-qualified organization, information about subsiding payment contributions made to said registered tax-qualified organization by said paying consumers over a specific accounting period, and transactional information about tax benefits purchased, traded or acquired over said specific accounting period;   (d) registering one or more paying consumers with said internet-based computer accounting network, and maintaining a user account for each registered paying consumer, including tax identification information about the registered paying consumer, information about subsiding payment contributions made by said paying consumer over said specific accounting periods, and transactional information about tax benefits sold, traded or disposed of over said specific accounting period;   (e) registering one or more network participating entities, including tax benefit purchasers, traders and/or acquirers, with said internet-based computer accounting network, and maintaining a user account for each registered network participating entity, including tax identification information about said registered network participating entity, and transactional information about tax benefits purchased, traded or acquired over said specific accounting period;   (f) paying, by said paying consumer, an amount of money to said tax-qualified organization for economic, educational, or health benefits including services and/or goods, wherein the payment made exceeds the cost of said economic, education, or health benefit(s) provided by said tax-qualified organization to said paying consumer, and wherein, the difference between the amount of money paid by said paying consumer and the cost of said economic, educational, or health benefit(s) provided is used to subsidize the provision of similar said economic, educational, or health benefits to consumers in need by said tax-qualified organization;   (g) calculating, by said tax-qualified organization, the cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer;   (h) calculating, by said tax-qualified organization, the difference between (i) the cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer and, (ii) the payment amount made by said paying consumer;   (i) providing, to said paying consumer, for tax calculation and filing purposes, the amount of the calculated, subsidizing payment contribution provided by said paying consumer to said tax-qualified organization, providing a basis for a tax benefit, wherein said subsidizing payment contribution is based on the said difference between (i) the cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer and, (ii) the payment amount made by said paying consumer, wherein said difference being used by said tax-qualified organization to subsidize providing similar economic, educational, or health benefit(s) to said other consumers in need; and   (j) providing, to relevant taxing authorities, all said calculated tax benefit information, including said subsidizing payment contribution, along with said paying consumer's and said tax-qualified organization's tax identification information, for reconciliation of said calculated tax benefit.   
     
     
         12 . The method of  claim 11 , wherein step (k) further comprises providing said paying consumer with access to said other participating entities for the purpose of selling or trading said paying consumer's generated tax benefits for cash, goods, services, or other tax benefits. 
     
     
         13 . The method of  claim 12 , wherein at the completion of a sale or trade pursuant to step (l), providing, to relevant taxing authorities, all said calculated tax benefit information along with both said paying consumer's, said other participating entities', and said tax-qualified organization's or institution's tax identification information for reconciliation of said calculated, subsidizing payment contribution generated tax benefit and possible taxes incurred in said sale or trade of said generated tax benefit. 
     
     
         14 . The method of  claim 11 , wherein step (f) comprises said plurality of participating tax-qualified organizations agreeing to an universal subsidizing payment contribution tax benefit generation calculation format and presentation, and supplying all participating said internet-based computer accounting network paying consumers with access to said format and presentation accessible by reconciled tax identification numbers and other paying consumer identification criteria. 
     
     
         15 . The method of  claim 11 , wherein step (j) further comprises compiling all of said paying consumer's subsidizing payment contribution-generated tax benefits into one composite, aggregated statement for the purpose of filing it with various said relevant taxing authorities. 
     
     
         16 . The method of  claim 12 , wherein said network participating entities trading various other states' and/or municipalities' tax benefits for said paying consumer's subsidizing payment contribution-generated tax benefit(s) allowing all parties to maximize the economic value of said paying consumer's generated tax benefit(s), which may be state or municipality specific. 
     
     
         17 . The method of  claim 11 , wherein said internet-based computer accounting network is configured to analyze said paying consumer's subsidizing payment contribution, as basis for a tax benefit, data in said one or more databases, and said network participating entities' supplied financial data in said one or more databases, for the purpose of recommending to both parties the minimum or maximum amount of cash, goods, services, or other tax benefits that might be paid or traded for said paying consumer's subsidizing payment contribution-generated tax benefit(s), while still providing economic value to both parties. 
     
     
         18 . The method of  claim 11 , wherein said network participating entities trading various other states' and/or municipalities' tax benefits for said paying consumer's subsidizing payment contribution-generated tax benefit(s) created by donation of property or other goods or services to said tax-qualified organizations and institutions, allowing all parties to maximize the economic value of said paying consumer's subsidizing payment contribution-generated tax benefit(s), which may be state or municipality specific. 
     
     
         19 . The method of  claim 11 , wherein said network participating entities paying cash or trading good and/or services for said paying consumer's subsidizing payment contribution-generated tax benefit(s) created by donation of property or other goods or services to said tax-qualified organizations and institutions, allowing all parties to maximize the economic value of said paying consumer's subsidizing payment contribution-generated tax benefit(s), which may be state or municipality specific. 
     
     
         20 . The method of  claim 17 , wherein said registered paying consumer establishes criteria allowing said other participating consumers and entities to match, beat, or counter, offers received by said internet-based computer accounting network paying consumer from other said participating consumers and entities, with respect to said paying consumer's subsidizing payment contribution as basis for generated tax benefit(s) available for sale or trade. 
     
     
         21 . The method of  claim 11 , wherein said registered paying consumer receiving all past, unclaimed, subsidizing payment contributions as basis for generated tax benefits by having said plurality of participating tax-qualified organizations and institutions calculate said past, unclaimed, subsidizing payment contribution-generated tax benefits for paying consumer's past payments where, said past, unclaimed, subsidizing payment contributions as basis for generated tax benefits are calculated based on the said difference between (i) the cost(s) of said economic or educational benefits provided to said paying consumer and, (ii) the payment amount made by said paying consumer, and where, all payments made to any one of said plurality of participating tax-qualified organizations and institutions in past years, or up to various statutes of limitations, are eligible. 
     
     
         22 . The method of  claim 11 , wherein step (e) comprises registering a plurality of financial institutions for the purpose of allowing said paying consumer, or one or more of said plurality of financial institutions, to sell or trade said subsidizing payment contribution-generated tax benefits for the purpose of reducing or eliminating outstanding debt incurred for educational purposes. 
     
     
         23 . The method of  claim 11 , wherein said computer-based accounting system used by said registered tax-qualified organizations comprise an embedded software computing module, wherein the costs of provided said economic, educational, or health benefit(s) is calculated and subtracted from the payment for said economic, educational, or health benefit(s), to generate a subsidizing payment contribution amount as basis for a tax benefit, and then said embedded software computing module communicating said tax benefit amount to the payer, electronically or physically, potentially to the payer's lender, and to all relevant taxing authorities. 
     
     
         24 . A method of recognizing, calculating, and capturing a subsidizing payment contribution constituting a basis for tax benefits generated by paying consumers when making payments to tax-qualified organizations for economic, educational, or health benefits, wherein the amount of said payments exceeds the costs of the economic, educational, or health benefits provided and, wherein the amount of excess payment is used to subsidize other consumers in financial need, said method comprising the steps of:
 (a) providing each tax-qualified organization access to a computer-based accounting system programmed to account for membership, tuition and other payments made by said paying consumer to said tax-qualified organization, and compute the cost of an economic, educational, or health benefit(s) provided thereby, and generating tax benefits for use by said paying consumer, based on the difference between a payment amount made by the paying consumer and the monetary value of said economic or educational benefit(s) provided to others in financial need;   (b) providing an internet-based computer accounting network including each said computer-based accounting system accessible by said tax-qualified organizations, and one or more database servers for storing, retrieving and accessing user account data relating to all registered participants, including tax identification information for all registered participants, and tax benefits data representative of tax benefits and/or transactions engaged in on said internet-based computer accounting network, over specific accounting periods;   (c) registering one or more said tax-qualified organizations with said internet-based computer accounting network, and maintaining a user account for each registered tax-qualified organization, including tax identification information about said registered tax-qualified organization, information about subsiding payment contributions made to said registered tax-qualified organization by said paying consumers over a specific accounting period, and transactional information about tax benefits purchased, traded or acquired over said specific accounting period;   (d) registering one or more paying consumers with said internet-based computer accounting network, and maintaining a user account for each registered paying consumer, including tax identification information about the registered paying consumer, information about subsiding payment contributions made by said paying consumer over said specific accounting periods, and transactional information about tax benefits sold, traded or disposed of over said specific accounting period;   (e) registering one or more network participating entities, including tax benefit purchasers, traders and/or acquirers, with said internet-based computer accounting network, and maintaining a user account for each registered network participating entity, including tax identification information about said registered network participating entity, and transactional information about tax benefits purchased, traded or acquired over said specific accounting period;   (f) paying, by said paying consumer, an amount of money to said tax-qualified organization for economic, educational, or health benefits including services and/or goods, wherein the payment made exceeds the cost of said economic, education, or health benefit(s) provided by said tax-qualified organization to said paying consumer, and wherein the difference between the amount of money paid by said paying consumer and the cost of said economic, educational, or health benefit(s) provided is used to subsidize the provision of similar said economic, educational, or health benefits to consumers in need by said tax-qualified organization;   (g) calculating, by said tax-qualified organization, the cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer;   (h) calculating, by said tax-qualified organization, the difference between (i) the cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer and, (ii) the payment amount made by said paying consumer;   (i) providing, to said paying consumer, for tax calculation and filing purposes, the amount of the calculated, subsidizing payment contribution provided by said paying consumer to said tax-qualified organization, providing a basis for a tax benefit, wherein said subsidizing payment contribution is based on the said difference between (i) the payment amount made by said paying consumer and (ii) the actual total cost(s) of said economic, educational, or health benefit(s) provided to said paying consumer, wherein said difference being used by said tax-qualified organization to subsidize providing similar economic, educational, or health benefit(s) to said other consumers in need;   (j) converting, by said internet-based computer accounting network, said subsidizing payment contribution as basis for a generated tax benefit in the form of a tax deduction, into a more valuable tax benefit in the form of tax credit, of greater value solely for the purpose of reducing said paying consumer's educational-related or healthcare-related loan balance;   (k) selling said tax benefit of greater value to said network participating entities;   (l) directing said proceeds from the sale of said tax benefit of greater value to a lending institution for the purpose of reducing said paying consumer's educational-related or healthcare-related loan balance, or to said paying consumer for the purpose of reducing said paying consumer's educational-related or healthcare-related loan balance;   (m) providing, to said network participating entities, for tax calculation and filing purposes, the amount of purchased said tax benefit of greater value;   (n) providing, to said paying consumer, for tax calculation and filing purposes, the amount of the subsidizing payment contribution as basis for a generated, calculated, and sold said tax benefit of greater value provided by said internet-based computer accounting network; and   (o) providing, to relevant taxing authorities, all said subsidizing payment contribution information used to generate, calculate, and sell a tax benefit, along with tax identification information of said paying consumer, said other consumers and entities and said tax-qualified organization, for reconciliation of said calculated tax benefit.   
     
     
         25 . A method of recognizing, computing and capturing a subsidizing payment contribution made by a consumer when paying for services provided by a tax-qualified organization which is also providing services to others in need in a wholly or partially subsidized manner, said method comprising the steps of:
 (a) using an accounting system to account for costs incurred by said tax-qualified organization to provide said services to said paying consumers and said others in need, and also for revenue generated by said tax-qualified organization, over a predetermined accounting period;   (b) using a first computer accounting software module, residing within said integrated accounting software subsystem, to compute a total average cost per consumer for said services provided to said consumer by said tax-qualified organization, over said predetermined accounting period; and   (c) using a second computer accounting software module, in communication with said first computer accounting software module, to (i) process said total average cost per consumer and an individual consumer invoice providing a statement of the payment due for services and/or goods to be paid for said paying consumer, (ii) compute a subsidizing payment contribution made said paying consumer for services of those in need provided by said tax-qualified organization in a wholly or partially subsidized manner, and (iii) generate an electronic document containing data representative of said subsidizing payment contribution;   wherein said subsidizing payment contribution is based on the difference between (i) said actual payment for services and/or goods reflected in said individual consumer invoice, and (ii) said total average cost per consumer for said services provided to said consumer by said tax-qualified organization; and,   (d) displaying and/or transmitting said electronic document to said consumer;   whereby said subsidizing payment contribution may be used to create a basis for tax benefits for said paying consumer, and/or tax status support for said organization.   
     
     
         26 . The method of  claim 25 , wherein said subsiding payment contribution is used to claim a tax benefit, in the form of a deduction or credit, in a tax return filing. 
     
     
         27 . The method of  claim 25 , wherein said basis for tax benefits representing a tax deductible amount; and said tax deductible amount being converted to a greater, tax creditable amount; and
 said tax creditable amount being sold to other consumers and entities for the purpose of reducing the educational-related or healthcare-related debt of said paying consumer.