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Payment Reporting Specialist Certification – November 2022 Live Online Class

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Friday, November 4, 2022 | 10am – 4:30pm ET

Special Course Bundle Highlights

Course type: Self-study course ($795) plus 6-hour Live, Online Class via WebEx ($100)

Registration fee: $895 per learner (Member discounts of 10%-20% apply. You are not required to be a Member to enroll.)

Designation Earned: Certified Payment Reporting Specialist (CPRS)

Designed for: The Payment Reporting Specialist (CPRS) Certification Program is designed for those whose responsibilities include accurate and IRS-compliant payment reporting. 

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Course Description

The Payment Reporting Specialist Program covers accurate payment reporting, a critical function in AP. With ever-changing federal legislative and regulatory requirements, any organization that is not knowledgeable and prepared to comply with complex regulations could face significant penalty assessments, which could also be subject to public disclosure, and the onerous penalties associated with non-compliance. And the burden is on you and your organization – not the IRS – to see that you are educated about regulatory updates.

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

Learning objectives for 6-hour supplemental review webinar: 

  • Prepare for your Payment Reporting Specialist Certification Final Exam to earn your Accredited Payables Specialist credentials
  • Learn how to mitigate risk of onerous penalties associated with noncompliance – improving the bottom line and increasing your value to the organization
  • Address in detail the Form W-9 solicitation, backup withholding, tax deposit, and reporting requirements
  • Review the B-Notice and Penalty Notice procedures
  • Cover briefly Form 1042-S withholding and reporting requirements for payments to foreign vendors
  • Receive answers to your questions live from our expert trainers

Course Details

None

Your purchase includes one enrollment in the standalone, self-study Payment Reporting Specialist Certification Program ($795) as well as registration to a one-day supplemental live webinar class with our expert trainers ($100).

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 (50 multiple-choice questions, 60 minutes, graded pass/fail). 

The supplemental 6-hour webinar (an additional $100 value) is hosted on the WebEx platform. The invitation with login details will be delivered to your email after purchase.

NASBA CPE Credit and IOFM CEU Credit will not be available for this webinar. Learn why here. 

For e-learning course: 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).

The system requirements for WebEx (host of supplemental review) can be found here.

15 Continuing Education Units per year (approx. 15 hours). Renewal is free as long as CEUs are logged before the Certification expires. Learn more.

IOFM is committed to accessibility. Disability-related accommodation requests for the live event (such as providing live captioning) should be sent to [email protected] by close of business the day before the live webinar. A captioned recording of this webinar can be made available upon request to [email protected].

To cancel your registration for this event, simply contact IOFM Customer Service at [email protected] (or call 207-842-5557) no later than 24 hours prior to the scheduled start of the event. You can choose to access the full recorded event, or, your credit may be applied toward the purchase of any IOFM product or interactive event. If for any reason you are not completely satisfied with this program, we will provide a full refund — no questions asked!

The supplemental live webinar is an additional $100 value. If you are already enrolled as a self-study learner but interested in attending this review, please contact us to purchase this supplemental review separately.

Live Review Instructor

Marianne Couch, JD - Principal, Cokala Tax Information Reporting Solutions, LLC

Marianne Couch, JD, is a Principal in the Cokala tax group and an experienced and well-known 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, The Master Guide to Form 1042-S Compliance and numerous published articles. Prior to co-founding Cokala in 2007, she was for many years the Research Director of the tax reporting specialty firm Balance Consulting, and chaired special training and advisory services provided to large organizations and academic and nonprofit institutions.       

Marianne was an appointee for three years to the IRS Commissioner’s Information Reporting Program Advisory Committee (IRPAC), where she was Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues.

Marianne formerly served as a Research Attorney for the Michigan Court of Appeals, and earlier as a litigator for a large Michigan law firm, where she represented individuals and large clients in many types of civil actions.  She received her JD, cum laude, from the Michigan State University School of Law, and is a member of the State Bar of Michigan.


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Member Pricing: IOFM Member e-learning discounts of 10-20% apply. Make sure that you are logged in before proceeding with your registration for the discount to be applied automatically in cart.
Enrolling Others: This special bundle is designed to enroll you, the purchaser, in the self-study course and in the live, online training. To enroll groups or to purchase this bundle on behalf of someone else, please contact us.
Register as a self-study learner only: The self-study course can be purchased alone year-round. Enroll yourself and/or your team in the APS course without the supplemental review here.

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