XML 34 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
13. INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
Income tax reconciliation

 

   Year ended December 31, 
   2012   2011 
Computed “expected” tax expense (benefit)  $(843,193)  $(866,148)
State taxes, net of federal benefit   (180,827)   (203,167)
Goodwill impairment and other non-deductible items   (155,420)   (219,135)
Change in deferred tax asset valuation allowance   1,181,188    1,290,050 
   $1,748   $1,600 
Deferred tax assets and liabilities

 

   2012   2011 
Deferred tax assets:          
Accrued vacation  $12,430   $54,360 
Accrued salaries   27,386    143,030 
Charitable contributions   2,731    2,333 
Reserve for bad debt   18,684    29,288 
Stock options   4,237,988    3,932,565 
Other   3,751    – 
Net operating loss carryforward   5,193,118    4,162,918 
Total gross deferred tax assets   9,496,088    8,324,494 
Less: Deferred tax asset valuation allowance   (9,480,641)   (8,299,453)
Total net deferred tax assets   15,447    25,041 
           
Deferred tax liabilities:          
Depreciation   (15,447)   (25,041)
Total deferred tax liabilities   (15,447)   (25,041)
Total net deferred taxes  $–   $–