Buy a couple of those collet-type tap holders with the turned-down end so you can hold them in a drill chuck. They're not particularly cheap, but they're very useful.I recently got a nice 50's vintage Delta drill press
Presto! You now have a tapping stand, and you didn't have to pay $139+$34shipping! Those tape holders won't seem nearly as expensive after that...
I also recommend a 1/64-to-1/4" keyless chuck. I picked one up a few years ago, and instantly wondered why I had put up with chuck keys for so many years... it's one of those things that doesn't look particularly useful until you actually get to use one for a while.