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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes Tables Abstract

Schedule of reconciliation of the benefit for income taxes from continuing operations

		2019				2018
Federal tax expense (benefit) at statutory rate		$	167,000			$	(2,080,000	)
State tax expense (benefit), net of federal tax			65,000				(207,000	)
Permanent differences			92,000				66,000
Change in statutory rate			(197,000	)			7,000
Change in valuation allowance			(10,000	)			2,545,000
Other			99,000				(331,000
Expense for income taxes		$	216,000			$	-

Schedule of deferred tax assets and liabilities

		2019				2018
Deferred tax assets (liabilities):
Equity based compensation		$	240,000			$	177,000
Allowance for doubtful accounts			2,478,000				870,000
Fixed assets			(6,476,000	)			(7,034,000	)
Lease impairment			553,000				507,000
Deferred rent			-				1,000
Lease Liability			520,000				-
Right of use asset			(466,000	)
Accrued expenses			-				12,000
Interest expense carryforward			-				88,000
Tax credit carryforward			32,000				32,000
Federal loss carry-forwards			14,047,000				15,823,000
State loss carry forward			353,000				816,000
Gross deferred tax assets			11,281,000				11,292,000
Valuation allowance			(11,281,000	)			(11,292,000	)
Net deferred tax assets		$	-			$	-

Schedule of income tax expense benefits

		2019				2018
Current Income Tax:
Federal		$	-				-
State			216,400				-
Deferred Income Tax:
Federal			-				-
Sate			-				-
		$	216,400			$	-

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- References

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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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

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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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

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