{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"CPRS Certification Update: What to Know Before You Enroll","description":" 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\u2019s 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\u2019LL LEARN IN THIS EPISODE  What the CPRS certification covers, and why it is one of IOFM\u2019s 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.  ","author_name":"The IOFM Podcast","author_url":"https:\/\/www.iofm.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/43185498\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/43185498"}