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TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
SCHEDULE OF INCOME TAX PROVISION | The provision for income tax consists of the following: SCHEDULE OF INCOME TAX PROVISION
|  | 2024 |  |  | 2023 |
|  | Years Ended |
|  | December 31, |
|  | 2024 (restated) |  |  | 2023 |
Income tax provision – current |  | $ | 1,646,771 |  |  | $ | 2,264,405 |
Income tax recovery - deferred |  |  | (992,013 | ) |  |  | (43,137 | )
Deferred tax adjustment – change of tax rates |  |  | - |  |  |  | (91,464 | )
Income tax provision |  | $ | 654,758 |  |  | $ | 2,129,804 |
SCHEDULE OF RECONCILIATION OF INCOME TAXES | The following table reconciles the statutory tax rate to the Company’s effective tax: SCHEDULE OF RECONCILIATION OF INCOME TAXES
|  | 2024 |  |  | 2023 |
|  | Years Ended |
|  | December 31, |
|  | 2024 (restated) |  |  | 2023 |
Net income before income taxes |  | $ | 2,416,667 |  |  | $ | 12,545,029 |
Income tax at the federal statutory rate |  |  | 21 | % |  |  | 21 | %
Statutory U.S. federal income tax provision |  |  | 507,500 |  |  |  | 2,634,456 |
S Corporation benefits |  |  | - |  |  |  | (553,133 | )
State margin tax |  |  | 32,561 |  |  |  | 139,945 |
Non-deductible expense |  |  | 40,048 |  |  |  | - |
Prior year true-up |  |  | 74,649 |  |  |  | - |
Deferred tax adjustment – change of tax rates |  |  | - |  |  |  | (91,464 | )
Total |  | $ | 654,758 |  |  | $ | 2,129,804 |
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES | The Company’s deferred tax assets and liabilities consist of the following: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES
|  | December 31, 2024 (restated) |  |  | December 31, 2023 |
Deferred tax assets: |  |  |  |  |  |  |  |
Allowance for credit loss |  | $ | 80,680 |  |  | $ | 117,046 |
Property and equipment |  |  | 16,480 |  |  |  | 16,480 |
Lease liability – operating |  |  | 2,001,843 |  |  |  | 310,426 |
Lease liability – financing |  |  | 16,175 |  |  |  | 24,920 |
Other temporary difference |  |  | 1,018,553 |  |  |  | - |
Total deferred tax assets |  |  | 3,133,731 |  |  |  | 468,872 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Right of use assets – operating |  |  | (1,992,039 | ) |  |  | (310,426 | )
Right of use assets – financing |  |  | (15,078 | ) |  |  | (23,845 | )
Total deferred tax liabilities |  |  | (2,007,117 | ) |  |  | (334,271 | )
Deferred tax assets, net |  | $ | 1,126,614 |  |  | $ | 134,601 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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