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