Access Indiana adds new feature
- By Daniel Keegan
- Jun 07, 2000
Indiana low-income housing property managers can now file their tax credit
certification online in a new feature added to the state's World Wide Web
portal, Access Indiana.
At the start of each year, property managers of low-income housing must
report information about their tenants to the Internatl Revenue Service
for tax credits and to monitor data.
The new service allows managers to accumulate data and update information
throughout the year online. At the end of the year, they can send the data
to the Indiana Housing Finance Authority (IHFA), which then will send the
data to the IRS.
Previously, the information was manually accumulated and tracked using software,
and then mailed to the IHFA, which would verify its accuracy and then mail
it to the IRS. This cost the IHFA about $7,000 for clerks to enter the data
and postage.
When inaccurate information was submitted, it cost the authority more money
because clerks would have to send the forms back to managers for corrections.
The new site fixes this problem by notifying the manager when inaccurate
information is entered.
Jennifer Boehm, director of marketing and public affairs for the IHFA, said
property managers must apply manually for a password, which is matched against
their tax identification numbers, to access the secure site.
The site also allows developers to print a compliance statement, which is
signed, notarized and mailed to the authority. The site was tested earlier
in the year and is now operational. Boehm said it could be used for 2000
filings.