Payment Reporting Specialist (1099) Certification

Join 25,000 of your peers who have been Certified by IOFM

Designed for: The Payment Reporting Specialist Certification (CPRS) program is designed for those responsible for compliant 1099 reporting to vendors and the Internal Revenue Service.

Program description: Each year, the IRS implements scores — even hundreds — of changes to the tax code, and failure to comply has expensive consequences. This course covers the current tax code concerning payments to U.S. vendors and addresses the complexities of reporting them.

Key areas of study: Tax Code Changes, Identifying Payees, Form 1099-MISC, Attorney and Middleman Fees, Expense Reimbursements, Penalty and B Notices, State Reporting, IRS Audits

Enroll Today: 

The Payment Reporting Specialist Certification Program is updated every fall in line with the 1099 reporting season. The exact schedule for release is dependent on when IRS publishes updates that year. Certification is maintained by paying a $150 recertification fee and passing a biannual exam

2019 Edition (for reporting 2019 payments) 

Self-Study E-Learning Course
$795.00 (Member discounts apply)

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2020 Edition (for reporting 2020 payments)

Live, Online Class
$795.00 (Member discounts apply)

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Self-Study E-Learning Course

The Payment Reporting Specialist (CPRS) Certification Program is available completely online and on-demand — including the final exam. Enrollment includes 1-year of access to the course on IOFM.com.
Includes: an e-textbook, 6-hour training video, practice exam and 3 attempts at the final exam (50 multiple-choice questions in 60 minutes). 
The 2020 self-study course will be available for purchase in October 2020. 

Live, Online Class Registration

IOFM will be holding our first live, online class with the new 2020 version of the course on September 23, 2020 from 10am-4:30pm ET
Includes: the one-day, six-hour live webinar with our 1099 expert trainer as well as access to the new 2020 CPRS e-learning course where the study materials are added as this year's updates are finished. 
Anyone who registers receives a recording of the class, whether you are able to attend the live streaming or not. 

Download 2019 CPRS Table of Contents

The e-textbook for this course is the 1099 Master Guide to Compliance

Featured Expert Trainer

Marianne CouchMarianne Couch, JD
Principal, Cokala Tax Information Reporting Solutions, LLC
Marianne Couch, JD, a co-founder of the Cokala Tax Group, is an advisor on U.S. federal and state tax information reporting compliance. She is a frequent lecturer at major tax conferences and the author of the Master Guide to Form 1099 Compliance and numerous published articles. She served for many years as Research Director of Balance Consulting, and chaired special training and advisory services provided to large organizations and academic and nonprofit institutions. She is a former member of the IRS Information Reporting Program Advisory Committee (IRPAC), where she served as Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues. Earlier, Marianne served as a Research Attorney for the Michigan Court of Appeals.

Need Help Deciding?

If you have questions, would like to see a demo of the courses, or need guidance selecting the right course for you, contact IOFM Advisory Services by email or at 207-842-5663. Our training advisors are ready to help! 

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