CPRS Certification Update: What to Know Before You Enroll

In this episode, IOFM trainer Jason Dinesen rejoins host Grace Berube to give an update on the Certified Payment Reporting Specialist (CPRS) certification, which focuses on 1099 reporting. Jason explains that the program is designed to help participants understand the issues, know where to look for answers, and become the go-to person for information reporting in their organization. He describes how the course flow is refined to match an AP professional’s day-to-day experience, which topics form the core of the curriculum, and what is new for 2026, including the move from FIRE to IRIS and changes to dollar thresholds. Jason and Grace also cover the shift to an electronic exam with three attempts, and the in-person and on-demand options for earning the certification.

WHAT YOU’LL LEARN IN THIS EPISODE

• What the CPRS certification covers, and why it is one of IOFM’s most advanced programs given how often 1099 regulations and mechanics change.
• How the course helps you understand the issues and know where to find answers, rather than expecting you to know every detail of 1099 reporting.
• Which core topics the course covers, including the W-9, which payments are reportable, specific boxes on Forms 1099-NEC and 1099-MISC, e-filing, IRS penalties and CP2100 letters, and an introduction to Form 1042-S.
• What is new in the 2026 content, including IRIS replacing FIRE as the filing system and the higher dollar threshold that now applies to certain payments in place of the long-standing $600.
• How the exam has changed from a paper-based test taken in the room to an electronic exam you can complete on site or later, with three attempts and a generally high pass rate.
• Where to earn the certification, including upcoming in-person sessions in Austin and Orlando and the on-demand option available year-round.
  

Jason Dinesen
President, Dinesen Media Ventures

Jason Dinesen, EA, is a distinguished tax professional and educator with a fervent passion for demystifying complex tax concepts. Jason prepared tax returns and provided accounting services as a practicing accountant from 2009 through the summer of 2025.

He’s also the 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 is IOFM’s go-to person for anything related to 1099s and information reporting.

Grace Berube
Senior Content Manager, IOFM

Grace is the Senior Content Manager at the Institute of Finance & Management (IOFM), where she has led content strategy and development since 2022. In this role, she oversees all aspects of IOFM’s digital and event-based content, ensuring it remains timely, relevant, and actionable for all financial operations professionals.

Grace manages IOFM’s robust library of site content, leads the organization’s editorial and member webinar programming, and hosts IOFM’s podcast series. She also oversees a team of subject matter experts who contribute thought leadership and educational articles. In additional, Grace curates and manages all speaker content for IOFM’s in-person and virtual events, ensuring consistency and quality across every touchpoint. With nearly three years in the role, Grace brings a deep understanding of the financial operations landscape and a passion for delivering content that empowers professionals to excel in their roles.

Transcription

Coming soon!

Continuing Education Credits available:

Receive 1 CEU per hour of listening time towards IOFM programs:

Receive 1 CEU per hour of listening time towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU per hour of listening time towards IOFM programs:

Receive 1 CEU per hour of listening time towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.