Fast Facts Fall 2014 Newsletter

October 21st, 2014

2014 Federal 706 Final Forms Released

ONESOURCE Trust & Estate Administration is pleased to announced the Final Forms have been released for the 706 Estate Tax Program for 2014.

Note: This release includes the Final 2014 706 instructions. Also, the 'Prior Year' stamp has been removed from all forms/schedules. Per IRS, Form 706 (Revised August 2013) is to be used for 2014 dates of death.

We have also released the following 2014 state estate tax programs:

NJ-ITR
PA REV-1500
NJ-706
MA-706
IL-700
NY ET-706
CT-706 and CT-706NT

Visit our software download site, www.oteasoftware.com to install the download.

If you have any questions about your license, please contact your Sales Representative at 800-331-2533.

FAS Latest Update Includes Fiduciary Calendar

Beginning this fall the Fiduciary Calendar will be included with the FAS program at no extra cost. Key features of the calendar program are listed below.

A detailed checklist composed of several specific ticklers.
A general calendar designed for the management of trust & estate deadlines.
System automatically calculates when 1041, 706, 709, state inventory and other items are due.
Reports include: Master Checklist, Estate tax checklist, Expected income checklist.

Be on the lookout for additional information later this month.

For any questions related to the calendar program or the upcoming update, please contact the sales department at 800-331-2533.

Fall User Group Meetings

Baltimore, Boston & New York City

ONESOURCE Trust & Estate Administration would like to invite you to join us in Baltimore, Boston or New York for our free User Group Meeting.

Meetings will be held from 9:30 AM until 1:00 PM.

Lunch will be provided.

Introduction to the New Fiduciary Calendar - now integrated with the Accounting and 706. Learn how to:

Use this powerful tool to improve workflow management;
Auto-generate reminders for key events from FAS and 706 client data;
Integrate with Outlook;
Print reminders for individual users;
Configure individual and firm (global) preferences.

Listed Options - learn about:

Long vs. Short transactions;
How to enter short calls and puts;
How to post the exercise of calls and puts;
How to post assignments of short calls and puts.

Interactive Q & A

Baltimore MD - Thursday, October 23, 2014

Boston MA - Tuesday, October 28, 2014

New York NY - Wednesday, October 29, 2014

Common Asset List

Many firms utilizing ONESOURCE Trust & Estate Administration software perform data entry to add assets to the respective FAS Accounting and 706 Estate/Inheritance Tax applications.

These tasks can be repetitive for firms with a large number of estates or accountings to file.

ONESOURCE Trust & Estate Administration programs offer a database of common CUSIP numbers that comprises many thousands of stocks, bonds, and securities to assist with that data entry.

This database is updated on an approximately quarterly basis and provides CUSIP information for both the FAS Accounting and 706 Estate/Inheritance Tax applications.

Access to the CUSIP List/Common Asset Database is via license purchased through your sales representative.

If you require additional information or assistance please consult with our Sales department at 800-331-2533. M-F 8am-5pm Eastern.

Online Product Information Sessions

We will be scheduling online Product Information Sessions in November. Look for notifications via Constant Contact with dates, times and topics coming soon.

For information regarding all upcoming events, visit our events page link provided below.

http://onesourcetrust.thomson.com/trusttax/estate/meetings-and-events.asp

If you have any questions, please contact our sales department at 800-331-2533.

See us at an Upcoming Trade Show

Trade shows and professional conferences offer an ideal opportunity for us to meet with our clients and educate attendees on the software. Stop by our booth to discuss the benefits of using our software and to learn what is new at ONESOURCE Trust & Estate Administration. Throughout the year you can see us at many different trade shows across the country. Look for us in the coming months at the following events:

Hawaii Tax Institute, November 3 - November 6

PA Bankers Wealth Management & Trust Conference, October 29th - October 31st

NAEPC Annual Conference, November 5th - 7th

Massachusetts Bankers Association, November 14th