v2.4.0.8
Components Of Income Tax Expense Benefit (Tables)
12 Months Ended
Dec. 31, 2013
Components Of Income Tax Expense Benefit  
Deferred tax assets and the valuation account are as follows

Deferred tax assets and the valuation account are as follows:

 

 

 

12/31/2013

 

12/31/2012

 

 

 

 

 

 

 

Loss Carry Forward

 

$

9,247,231

 

$

8,819,536

 

 

 

 

 

 

 

Deferred tax asset:

 

 

 

 

 

 

NOL carryforward

 

$

3,338,514

 

$

3,175,033

 

 

 

 

 

 

 

Valuation allowance

 

$

(3,338,514)

 

$

(3,175,033)

 

 

 

 

 

 

 

Total deferred tax asset:

 

$

-

 

$

-

Components of current income tax expense are as follows

The components of current income tax expense are as follows:

 

 

 

12/31/2013

 

12/31/2012

 

 

 

 

 

 

 

Current federal tax expense

 

$

-

 

$

-

 

 

 

 

 

 

 

Current state tax expense

 

$

-

 

$

-

 

 

 

 

 

 

 

Change in NOL benefits

 

$

163,481

 

$

346,303

 

 

 

 

 

 

 

Change in valuation allowance

 

$

(163,481)

 

$

(346,303)

 

 

 

 

 

 

 

Income tax expense

 

$

-

 

$

-