Melissa Rascon Receives Award at The Woodlands Chamber of Commerce Awards Luncheon

The Chamber honored many members at the 37th Annual Awards Luncheon for their continued service and support. The following individuals were recognized for their amazing contributions. Diplomat of the Year: Royce Brooks Woodlands Online; Citizen of the Year: Linda Nelson, Memorial Hermann The Woodlands Hospital; Volunteer of

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Treasury Inspector Suggests Improvements to Identify Unsupported Claims for Foreign Tax Credits

The IRS did not have sufficient controls and processes in place to identify erroneous Foreign Tax Credit (FTC) claims, the Treasury Inspector General for Tax Administration (TIGTA) has reported. The audit was initiated to determine whether the IRS controls ensured that the FTC was accurately claimed on

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Understanding Minimum Essential Coverage

The Affordable Care Act requires any person or organization that provides minimum essential coverage, including employers that provide self-insured group health plans, to report this coverage to the IRS and furnish statements to the covered individuals. These reporting requirements affect: Health insurance issuers or carriers The executive

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