Tax Credit Specialist Advanced (TCSA) is for the holder of a TCS certification who wants to join an elite group of experts on the administration of the Section 42 Low Income Housing Tax Credit program.
Tax Credit Specialist Advanced builds on and goes beyond the subject matter presented in our Tax Credit Specialist class by delving into the most complex of challenges and issues that can be faced every day at LIHTC properties. It equips housing managers with a deeper understanding of program requirements and a skill set that will enable them to establish and maintain successful compliance throughout the property’s affordability period.
Please Note: The certification exam for this class is completed online. Students have one week following completion of the class to take the online exam.
What you’ll learn:
Navigation of all regulatory resources applicable to LIHTC
How to distinguish between Section 42 requirements, State Agency specifics, owner discretion, and industry standards
Analysis of IRS Forms 8609, 8823 and the Multiple-Building Election
Proper management of Acquisition/Rehabilitations using LIHTC
Management of the basic program mechanics for LIHTC blended with HUD P/B, HOME and/or RD
How to plan for post year-15 LIHTC compliance
Identification and correction of the most common non-compliance issues for LIHTC
How the IRS 8823 Guide should be updated to reflect more recent regulatory changes
How you’ll learn:
While the course may be advanced, we have made it as accessible as possible by making this course available in an online-only format. This will enable you to comfortably interact with your peers and the highest regarded instructors in the industry today
TCS or equivalent
Delivered Online over 3 Days; 1PM - 5PM EST Each Day
Includes online exam – one week to complete
Lecture, media presentation, group discussion completely online
TCS certification or approved equivalent (non-TCS must pass TCS exam prior to attending TCSA)