Financial Institutions

Meet every compliance challenge with ease

The compliance bar continues to rise, creating new hurdles for financial professionals. Our fiduciary tax software products can help you meet each new challenge with speed, ease and accuracy. Or let us meet the challenges for you, with services such as Tax Information Reporting and Trust Tax preparation. Whatever your needs, our extensive knowledge base and expertise can help.

Has there ever been more at stake in terms of accuracy? Regulatory changes have put a spotlight on 1099 reporting, 1042 and 1042-S, foreign reporting and cost basis reporting. Adapting to these new standards is crucial to success on a global scale. Details matter.

If tax information reporting issues keep you awake at night, rest easy with our fiduciary tax software solutions. Whether you process thousands or millions of returns, we can meet your needs with software and services that make tax information reporting simple. We keep ahead of the regulations on a federal and state level. If regulations spread to other parts of the globe, we can handle those as well. When you can’t miss a single step, our software helps you keep pace.

Those who know the ins and outs of trust accounting count on the ONESOURCE Trust Tax solution, the industry standard for software and tax preparation. With Trust Tax, Thomson Reuters harnesses information and expertise to offer solutions for global financial institutions and helps private and institutional trust departments, U.S. withholding agents and private banks manage their annual trust accounting needs. Smaller wealth managers and estate planners can tackle administration with our ONESOURCE Trust & Estate Administration program.

Put our solutions to work for you:

  • Tax Information Reporting (1099)

    Face FATCA with a simplified tax information reporting process that helps you manage every detail. Our ONESOURCE Tax Information Reporting software and services keep you on top of federal and state reporting regulations as well as Canadian compliance. We also manage the W-8 compliance process for foreign entities.

  • Trust Tax

    More than 500 trust tax organizations rely on tailored trust services from ONESOURCE experts, and our software processes 1.5 million trust tax returns each year. The software automates the process from the initial data to the processed return. Stay one step ahead with this industry-leading trust tax solution.

  • Trust & Estate Administration

    Wealth managers and estate planners can structure and maintain their own trusts and trust accounting on a regular basis with the comprehensive ONESOURCE Trust & Administration software and service.

Products Serving Financial Institutions

Products Serving Financial Institutions



For every tax and reporting challenge, ONESOURCE offers a solution. Our comprehensive product line of financial accounting software simplifies the tax process at every step, powered by unmatched information, technology and thought leadership. Don’t let increased levels of reporting requirements overwhelm you. Stand up to tough compliance requirements with ONESOURCE.

Explore ONESOURCE or view a demo

Thomson Reuters Checkpoint

Let our expertise power your expertise. Checkpoint is the leading resource and information database that helps you cut through the clutter to find the answers you need to draft, administer or unwind trust and estate plans. Get answers straight from the industry source, with access to commentary and analysis from leading tax and estate professionals. Be part of an elite professional network that shares information. That's Checkpoint.

Explore Checkpoint or view a demo

Financial Institutions Related Resource

Related Resources