Remove the belt so you can feel the tap.
Good advise, however once you get the feeling mastered, turning the chuck get old fast. By leaving the belt and pulling on it one makes quick work.
Building a tapping stand is a waste of time. If you have a drill press there are better ways:
1) For medium taps #8 t0 3/8
Put the tap in the hole and turn backward 3/4 turns. That centers the hole under the tap.
Clamp the part in position so it does not turn
One hand on the lever and one on the belt to turn the tap
Easy to go forward and backward.
2) For smaller taps
Make a tap holder 3/8 or 1/2 diameter about 2"-3" long, knurled 1/2 way. 2 radial set screw to drive the tap, do not need to be tight, just snug
Insert holder into chuck but do not tighten, free to rotate and move up and down
Set table height or column lock so that the tap and holder stay in the chuck without falling out.
One hand hold the part, free to autocenter. Other hand rotate the tap-holde/driver on the knurled section, with two fingers.
The driver being so small in diameter limits the torque and the finger have great sensitivity and feeling.
I used to break taps until I learned what broke them and stopped doing it.