Fast Facts Winter 2015 Newsletter

February 9, 2015

2014 Federal 709 Final Forms Released

ONESOURCE Trust & Estate Administration recently released the 709 Federal Gift Tax program for 2014. This version includes the final forms with instructions. Visit our new software download site at www.oteasoftware.com to perform the download and view the release notes for the program.

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

706 and Fiduciary Accounting Programs

Now Include the Fiduciary Calendar!

Our Fiduciary Calendar is now included with the FAS and 706 programs at no extra cost! The Calendar program offers key features, including:

Built-in tickler system.
A calendar system designed specifically for trust & estate administration.
Automatically calculated due dates for 1041, 706, 709, state inventory as well as custom items.
Reports include: Accounting, Estate/Inheritance Tax, Income Tax and Gift Tax checklists.
Export reminders to Outlook.

For assistance obtaining the calendar update please contact support at 800-488-5567.

Federal 1041 Pre-Release

A pre-release version of the 1041 Federal Fiduciary Income Tax program for 2014 is now available for download at oteasoftware.com

This version includes DRAFT forms and E-filing is disabled.

Note: 1041 E-filing charge for the 2014 filing year is $12 per efile for Federal and $12 per efile for NJ-1041 and will be invoiced on a monthly basis as you file your returns. Binder numbers are included on the invoice, so that you can match them to your clients.

Please be on the lookout for final 1041 forms with e-filing enabled, and state returns with final forms that will be coming soon.

If you have questions regarding your 1041 license contact your Sales Representative at 800-331-2533.

FAS Formats Recently Updated

ONESOURCE Trust & Estate Administration has recently updated several accounting reports formats. Current versions are listed below.

Rhode Island - 2.1.19.6
New York - 2.23.9
Vermont - 2.0.6.13
New Hampshire 2.0.7.10

Please go to www.oteasoftware.com to download the latest versions of the recently released report formats. If you require additional information or assistance please consult with our Sales department at 800-331-2533 M-F 8am-5pm Eastern.

Federal 706 and NY-706 2014 Updates

ONESOURCE Trust & Estate Administration is pleased to announce the update of the Federal 706 2014 and NY ET-706 program for 2014. The NY ET-706 update includes calculations and forms for dates of death from 4/1 through 12/31/14.

Note: The Federal 706 for 2014 program update is required for the NY ET-706 for 2014 update to function.

Visit www.oteasoftware.com to perform the download. If you have questions about your 706 license, please contact your Sales Representative at 800-331-2533.

Free Online Training Sessions for 1041 and 709

Free training sessions are available via WebEx for 1041 and 709. All sessions begin at 2:30 PM eastern time and run for approximately 90 minutes. Sessions are limited to 45 participants each so register early by clicking on one of the dates below.

1041 709

Tuesday, February 10 Thursday, February 26

Tuesday, February 17 Tuesday, March 3

Thursday, February 19 Tuesday, March 10

Tuesday, February 24

Or contact your Sales Representative at 800-331-2533.