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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
SCHEDULE OF PROVISION FOR INCOME TAX EXPENSE (BENEFIT) | The provision for income tax expense (benefit) is comprised of the following: SCHEDULE OF PROVISION FOR INCOME TAX EXPENSE (BENEFIT)
|  | 2021 |  |  | 2020 |
Current tax, federal |  | $ | 1,309,503 |  |  | $ | 739,113 |
Current tax, state |  |  | 592,394 |  |  |  | 334,361 |
Current tax, foreign |  |  | 91,285 |  |  |  | 124,414 |
Current tax, total |  |  | 1,993,182 |  |  |  | 1,197,888 |
Deferred income tax, federal |  |  | 250,153 |  |  |  | 158,308 |
Deferred income tax, state |  |  | 113,164 |  |  |  | 71,616 |
Deferred income tax, foreign |  |  | - |  |  |  | 179,629 |
Deferred income tax, total |  |  | 363,317 |  |  |  | 409,553 |
Total |  | $ | 2,356,499 |  |  | $ | 1,607,441 |
SCHEDULE OF RECONCILIATION OF INCOME TAXES | The following table reconciles the income tax expense at the U.S. Federal statutory rate to income tax expense at the Company’s effective tax rates. SCHEDULE OF RECONCILIATION OF INCOME TAXES
|  | 2021 |  |  | 2020 |
Income before tax |  | $ | 6,650,756 |  |  | $ | 5,190,975 |
US statutory tax rates |  |  | 30.50 | % |  |  | 30.50 | %
Expected income tax |  |  | 2,028,481 |  |  |  | 1,583,247 |
Non-deductible items |  |  | (29,508 | ) |  |  | (60,470 | )
Change in estimates and other |  |  | (65,027 | ) |  |  | 603,422 |
Change in enacted tax rate |  |  | 337,961 |  |  |  | - |
Foreign tax rate difference |  |  | (86,696 | ) |  |  | (120,372 | )
Change in valuation allowance |  |  | 171,288 |  |  |  | (398,386 | )
Total income taxes |  |  | 2,356,499 |  |  |  | 1,607,441 |
Current income tax expense |  |  | 1,993,182 |  |  |  | 1,197,888 |
Deferred tax expense (recovery) |  |  | 363,317 |  |  |  | 409,553 |
Total income tax expense |  | $ | 2,356,499 |  |  | $ | 1,607,441 |
SCHEDULE OF DEFERRED TAX ASSETS (LIABILITIES) | Deferred taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes. Deferred tax assets (liabilities) at December 31, 2021 and 2020 are comprised of the following: SCHEDULE OF DEFERRED TAX ASSETS (LIABILITIES)
|  | 2021 |  |  | 2020 |
Canada |  |  |  |  |  |  |  |
Non capital loss carryforwards |  | $ | 1,443,371 |  |  | $ | 1,638,357 |
Intangible assets |  |  | 19,849 |  |  |  | 18,863 |
Property, equipment and leaseholds |  |  | 587,408 |  |  |  | 624,016 |
Financial instruments |  |  | - |  |  |  | 26,690 |
|  |  | 2,050,628 |  |  |  | 2,307,926 |
Valuation allowance |  |  | (2,050,628 | ) |  |  | (2,307,926 | )
Net deferred tax asset |  | $ | - |  |  | $ | - |
US |  |  |  |  |  |  |  |
|  |  | 2021 |  |  |  | 2020 |
Net operating loss carryforwards |  | $ | - |  |  | $ | - |
Intangible assets |  |  | - |  |  |  | - |
Investments |  |  | (241,880 | ) |  |  | (167,635 | )
Property, equipment and leaseholds |  |  | (68,282 | ) |  |  | (66,116 | )
Property, equipment and leaseholds |  |  | 12,697 |  |  |  | 201,393 |
Financial instruments |  |  | - |  |  |  | 98,210 |
Deferred tax asset not recognized |  |  | - |  |  |  | - |
Net deferred tax asset (liability) |  | $ | (297,465 | ) |  | $ | 65,852 |
SCHEDULE OF NON OPERATING LOSS CARRYFORWARDS | SCHEDULE OF NON OPERATING LOSS CARRYFORWARDS
` |  | Loss |
2029 |  |  | 891,014 |
2030 |  |  | 1,081,844 |
2031 |  |  | 1,245,577 |
2037 |  |  | 2,238,533 |
2038 |  |  | 372,149 |
2039 |  |  | 72,378 |
2040 |  |  | 166,494 |
2041 |  |  | 207,537 |
Total |  |  | 6,275,526 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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