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INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2022
INCOME TAXES  
Schedule of reconciliation of income taxes based on the federal statutory rate and the effective income tax rate

Three Months Ended

Three Months Ended

    

March 31, 2022

    

March 31, 2021

    

U.S. statutory federal tax rate

 

21.0

%  

21.0

%  

 

State tax, net of federal tax

 

3.2

%  

5.9

%  

 

Stock options

5.2

%  

%  

Out of period adjustment

4.0

%  

%  

Rate Change

8.1

%  

%  

Other

1.7

%  

%  

Effective tax rate

 

43.2

%

26.9

%