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Payment Reporting Specialist Certification (CPRS) – Self-Study Online Course
Course Highlights
Course type: Self-Study, Online
Designation Earned: Certified Payment Reporting Specialist (CPRS)
Registration fee: $995 per learner (Member discounts of 10%-20% apply.)
Designed for: The Payment Reporting Specialist (CPRS) Certification Program is designed for those whose responsibilities include accurate and IRS-compliant payment reporting.
Course Description
Accurate payment reporting is a critical function in AP, and earning certification in this area of accounts payable demonstrates to your employer that you are dedicated to achieving 100% compliance. Employees who have earned the CPRS designation can play a key role in ensuring accurate reporting and fine avoidance - improving the bottom line and increasing your value to the organization.
Course Details
None
Tax Code Changes, Identifying Payees, Form 1099-MISC, Attorney and Middleman Fees, Expense Reimbursements, Penalty and B Notices, State Reporting, IRS Audits. View complete table of contents here.
Access to the course lasts for one year after date of purchase. Since it is self-study, learners can move at their own pace, but IOFM recommends a timeline of about 3 months to move through the material. Total learning hours for this course are estimated at 13 to 18.
The self-study program (accessed via the IOFM.com E-Learning Center) comes with access to the e-textbook (Master Guide to 1099 Compliance), on-demand 4-hour training video, one practice exam and 3 attempts at the final exam (100 multiple-choice questions, 90 minutes, graded pass/fail).
None.
IOFM does not offer CEUs for Certification classes. We know that earning your Certification takes a lot of time! However, the nature of continuing education is that it is additional training you do after you are certified in order to keep up with the standards set by the program. Therefore, earning your credentials does not count towards your CEU requirement. If you already hold an IOFM Certification, you may count subsequent live Certification classes for 6 CEUs towards that previously-held Certification.
Most updated version of Google Chrome, a desktop/laptop computer with a functioning speakers and a strong Internet connection. If accessing from a work computer, some companies' VPN/security settings can impede course performance (visit the Help Center for resolutions).
Certification is maintained by paying a recertification fee and passing a biannual exam.
Course Instructor
Jason Dinesen, EA
Jason Dinesen, EA, is a distinguished tax professional and educator with a fervent passion for demystifying complex tax concepts. Jason is the founder of Dinesen Tax & Accounting, P.C. and Dinesen Tax Advisory, LLC in the tax and accounting world. He also is founder of Dinesen Media Ventures, which provides a diverse range of media content, ranging from continuing education programs for accountants and tax professionals, to podcast production to radio and journalism content.
Recognized for his sharp tax interpretations, Jason is renowned for promptly analyzing the latest tax updates and IRS guidance, sharing his insights with the professional community. Over his career, he has educated more than 200,000 accounting, tax, and HR professionals on various topics. Form 1099 was the very first thing he ever taught on, on April 26th, 2012, at a Sheraton Hotel next to a Lowe's in West Des Moines, Iowa. He still teaches on 1099s and around 30 other tax topics.
Member Pricing: IOFM Member e-learning discounts of 10-20% apply. Make sure that you are logged in before proceeding with your registration in order for the discount to be applied automatically in cart.
Group Enrollments: You can add multiple enrollments to your online cart, and you'll be able to assign the enrollments to yourself or others after purchase through our course set-up wizard. If you'd like to purchase more than 20 enrollments, please contact our Advisory Services Team.
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IOFM offers a variety of training options for you and your team. Besides the self-study courses available for purchase at left, IOFM also provides:
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