Chat with us, powered by LiveChat

Melissa Rascon, CPA

Melissa Rascon, CPA is the Managing Partner and founder of The Rascon CPA Firm, PLLC. For eighteen years she has assisted clients in various industries with their tax planning, tax compliance, tax accounting, bookkeeping, and payroll needs.

Prior to starting her own firm, Melissa served as the Senior Tax Manager at Oman, Berry & Associates PLLC. A brand new tax firm Melissa was brought in to build and develop the company’s tax practice.  Therefore, she spent the next two years building a network within the community and great relationships with her clients. Over her tenure, Melissa recruited clients in the retail, manufacturing, telecommunications, engineer consulting, and real estate industries with both U.S. and global operations.  Now, with her own firm, Melissa continues to build relationships with the community in the Houston Metropolitan area that is connecting her to a new client base with innovative and motivated Entrepreneurs who are hungry to take their business to the next level.

Before this, Melissa served as the Tax Manager at American Rice, Inc., an international privately owned rice manufacturing company, and Cyberonics, Inc., a publicly traded medical device manufacturing company. In her role at both companies, Ms. Rascon maintained large tax calendars for federal, state, and local sales tax return filings, prepared and reviewed the tax provision and related footnotes, helped to formulate tax planning strategies to lower cash tax payments and the effective tax rate, and renewed any income tax related internal control weaknesses in order to minimize the probability of either company receiving a significant deficiency from their auditors.

Related to international tax, Melissa also prepared Management Fee agreements between foreign related parties located in Spain, Canada, and Mexico, and gathered and maintained proper documentation in support of transfer pricing agreements that included the maintenance of documentation supporting each company’s utilization of the benefits allowed within the tax treaties applicable. Melissa managed the sell-side transaction work of a significant division being sold within one of the companies. On top of analyzing various types of transactions and determining the tax gain/loss on the sale, her work included an analysis under the Foreign Investment in Real Property Act (FIRPTA) for its foreign owned parent. Melissa also managed various IRS and state audits.

Melissa spent over 8 years in Public Accounting with both Ernst & Young and PricewaterhouseCoopers in the Dallas and Houston areas. In that experience she held various positions in both the Business Tax Services and Transaction Advisory Services (for Tax) groups providing federal and state tax return preparation and consultation, tax provision preparation and review, tax consulting and planning, and due diligence services. Melissa worked in the following industries – manufacturing, computer consulting/software development, technology, trade show setup and decorating, and electrical contractors. Significant clients included former Houston Astros owner Drayton McLane Jr., West lake Chemical Corporation, Freeman Decorating Co., Quanta Services, Inc., Howco Metals Management LLC, and Atos Origin, Inc.

Melissa holds a B.B.A. in Accounting and a Masters in Tax from the University of Texas at El Paso. She is a Certified Public Accountant in the state of Texas and is a member of the American Institute of Certified Public Accountants and Texas Society of CPAs.