In September 2015 Melissa Rascon was recognized by The Woodlands Chamber of Commerce for her leadership as Lead Chair on The Woodlands Idol for 2014.
Read more →Melissa Rascon was graciously invited to attend the Wise Conference in October 2015. The WISE Conference offers incredible opportunities for networking, professional development and personal growth. With sessions ranging from health and wellness, personal finance and business development, this event offers something for everyone in attendance. Our
Read more →Victims of severe storms, tornadoes, straight-line winds and flooding that took place beginning on October 22, 2015 in parts of Texas may qualify for tax relief from the IRS. The president has declared the counties of Bastrop, Brazoria, Caldwell, Comal, Galveston, Guadalupe, Hardin, Harris, Hays, Hidalgo, Liberty,
Read more →The Senate on December 3 approved by a margin of 52-47 a budget reconciliation bill, the Restoring Americans’ Healthcare Freedom Reconciliation Bill of 2015 (HR 3762), which repeals portions of the Patient Protection and Affordable Care Act (PPACA) (P.L. 111-148). The Senate version, in the form of
Read more →The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides that the IRS can assess a penalty if you
Read more →Melissa Rascon attended the United States Hispanic Chamber of Commerce Convention, the largest gathering of Hispanic Business Leaders in the country with nearly 6,000 attendees, held at the Hyatt Americas hotel in downtown Houston, TX. The annual convention is a premier event for America’s small business community, convening
Read more →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
Read more →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
Read more →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
Read more →Senate Finance Committee Chairman Orrin G. Hatch, R-Utah, held a hearing on October 1 to examine solutions addressing overpayments of the Earned Income Tax Credit (EITC), as well as with Medicare and Medicaid, whose oversight is conducted by the committee. The Government Accounting Office (GAO) has reported
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