The
Tax Credit Program is tough on its professionals!
Partly because it is still such a new housing program and partly because there
are so many gray areas that result in numerous interpretations. But truthfully,
the main reason it is so tough is the Program rules are just downright complex!!
The pressure on Housing Credit professionals, especially property managers,
on-site personnel and compliance specialists, is enormous. Everyone is
scrutinizing your work! The chances for noncompliance lurk at every corner!! And
the ramifications for noncompliance are expensive ... really, really expensive.
I don't mean to frighten you ... especially if this is your first exposure to
the Tax Credit Program. The Program is great ... REALLY! But it can have a dark
side too! Especially for those who enter it for the first time blind or without
resources. If you are going to survive in this dog-eat-dog world of Tax Credit
compliance, you need to have the best possible resources for information and a
continuing funnel of information and ideas coming to you. You will also need to
have a group of peers and industry experts you can rely on to be a voice of
reason when difficult situations arise, and that truly understand the
constraints and difficulties of managing a Tax Credit property!
That is the very reason the
National Compliance Professional designation
and the
NCP Membership Group were started!
One of the biggest complaints I hear from Tax Credit managers and compliance
specialists is that they just don't have the information. If someone would just
tell them that new rules are out or that there is an easier way of doing things
... THEY WOULD DO IT!! But that is one of the biggest problems with the Tax
Credit Program. There is no regular funnel of information from the IRS and the
State Agencies to the people in the trenches!
So how are you supposed to operate in the dark and yet, maintain compliance??
The really frustrating thing is you can't plead ignorance. Compliance tends to
have a "guilty before innocent" attitude or an "Oh well, you should have know"
feeling. Fortunately, I believe that attitude and feeling will eventually
change, but you can't wait. You need protection today! You need information now!
Information that you can count on that is given on a continual basis and that is
given in a way that is useable!! The last thing you need is someone to send you
raw Tax Code or the latest regulations written in infamous bureaucratic
legalese! You need information that is concise, in plain English and then tells
you how to implement in a realistic, management-based manner!
So where do you get this information ...
The National Compliance Professional designation
and its NCP Membership Group!!!
Find out what hundreds of Tax Credit Professionals already know...
"It Pays to Be NCP™"!
Its true! It really does pay to be NCP! And currently, over 500 Housing Credit
professionals have already discovered this for themselves and joined the
beneficial NCP Membership Group. From a continuous stream of information, news
and insights to substantial discounts on trainings and products to incredible
networking opportunities, one has to ask ...
Why isn't everyone NCP??

Elizabeth L. Moreland, NCP-Executive
Founder & Creator of National Compliance Professional Membership Group
Click here to learn more about the
National Compliance Professional Membership Group & Its Benefits!