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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.
2021 Edition (for reporting 2021 payments)
Self-Study E-Learning Course
$795 (Member discounts apply)
2022 Pre-Sale Options
Coming September/October 2022
$795-$895 (Member discounts apply)
Self-Study E-Learning Course
Updated September 2021
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, 4-hour training video and 3 attempts at the final exam (50 multiple-choice questions in 60 minutes).
2022 Edition is coming soon!
IOFM is currently working on updating the CPRS program for 2022 in reflection of the most current IRS regulations.
9/22 Live Online Class: Includes the one-day, four-hour live webinar with our 1099 expert trainer as well as access to the full 2022 self-study CPRS e-learning course.
2022 Self-Study Class: Launching 10/3 (but available for pre-sale now); includes an e-textbook, four-hour training video and 3 attempts at final exam (50 multiple-choice questions in 60 minutes)
Featured Expert Trainer
Marianne 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. Our training advisors are ready to help!
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