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

2022 Edition (for reporting 2022 payments) 

Self-Study E-Learning Course
$895 (Member discounts apply)


Self-Study E-Learning Course

Updated September 2022
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
Includes: an e-textbook, 4-hour training video and 3 attempts at the final exam (50 multiple-choice questions in 60 minutes). 

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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