METHOD, SYSTEM, AND COMPUTER PROGRAM FOR PREDICTING TAX LIABILITIES AND BENEFITS

A method, a system, and a computer program for suggesting to the user a tax event to reduce the user's tax liability. Embodiments comprise accessing known user information related to the user and the user's taxes, wherein the known user information includes at least some information for a current tax year to date; comparing the known user information with requirements for at least one of tax deductions and tax credits offered by a taxing authority for the current tax year; identifying deductions or credits having requirements related to the known user information; and suggesting to the user a tax event for reducing the user's tax liability, wherein the suggested tax event is based at least partially on the known user information and the identified deductions or credits having requirements related to the known user information.