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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Taxes [Abstract]

Schedule of the benefit for income taxes from continuing operations

		2022				2021
Federal tax at statutory rate		$	(630,700	)		$	852,198
State tax, net of federal tax			(736,962	)			(487,093	)
Tax impact on gain on bargain purchase			(3,036,868	)			-
Permanent differences			123,933				(259,967	)
Change in statutory rate			7,862				59,168
Change in valuation allowance			(12,525,690	)			614,112
Other			163,374				6,892
Benefit/ (expense) for income taxes		$	(16,635,051	)		$	785,310

Schedule of deferred tax assets and deferred tax liabilities

		2022				2021
Deferred tax assets (liabilities):
Equity based compensation		$	428,111			$	479,956
Allowance for doubtful accounts			3,240,968				6,847,189
Fixed assets			(9,153,508	)			(8,085,957	)
Lease impairment			989,120				423,022
Lease Liability			439,758				481,312
Right of use asset			(348,478	)			(383,924	)
Accrued expenses			(16,962	)			-
Change in fair value of loans receivable			2,264,813				-
Tax credit carryforward			32,394				32,394
Sec 163(j) carryforward			2,703,639				-
Federal loss carry-forwards			12,304,134				11,838,840
State loss carry forward			3,860,104				343,914
Intangible assets			(4,730,265	)			-
Other			-				(53,414	)
Gross deferred tax			12,013,828				11,923,332
Valuation allowance			-				(12,418,498	)
Net deferred tax assets/ liability		$	12,013,828			$	(495,166	)

Schedule of income tax expense (benefits)

		2022				2021
Current Income Tax:
Federal		$	-			$	-
State			754,505				290,144
Deferred Income Tax:
Federal			(13,439,360	)			495,166
State			(3,950,196	)			-
		$	(16,635,051	)		$	785,310

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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

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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

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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

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