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Income Taxes | 12 Months Ended
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Dec. 31, 2013
Income Taxes [Abstract] |
Income Taxes | Note 10. Income Taxes The components of the income tax provision for the years ended December 31, 2013 and 2012 are as follows:
|  | 2013 |  |  | 2012
Current: |  |  |  |  |  |  |
Federal |  | $ | 302 |  |  | $ | 513
State |  |  | 1 |  |  |  | 5
Deferred: |  |  |  |  |  |  |
Federal |  |  | (47) |  |  |  | 31
State |  |  | (24) |  |  |  | 7
Total Federal and State Income Taxes |  | $ | 232 |  |  | $ | 556
The provision for income taxes for the years ended December 31, 2013 and 2012 differs from the amount obtained by applying the U.S. federal income tax rate to pretax income due to the following:
|  | 2013 |  |  | 2012 |
Computed “Expected” Federal Tax Expense |  | $ | 319 |  |  | $ | 560 |
Increase (Decrease) in Taxes Resulting From: |  |  |  |  |  |  |  |
State Income Taxes, net of Federal Benefit |  |  | 9 |  |  |  | 26 |
Credits |  |  | (70) |  |  |  | (16) |
Domestic Production Activities Deduction |  |  | (18) |  |  |  | (20) |
Permanent Differences |  |  | 3 |  |  |  | 6 |
Rate Change for Deferred Taxes |  |  | (11) |  |  |  | 0 |
Total Federal and State Income Taxes |  | $ | 232 |  |  | $ | 556 |
The components of the net deferred tax liability consist of:
|  | 2013 |  |  | 2012 |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Vacation Accrual |  | $ | 27 |  |  | $ | 26 |
Allowance for Doubtful Accounts |  |  | 3 |  |  |  | 4 |
Stock Compensation |  |  | 57 |  |  |  | 0 |
State Carryforward R&D Credit |  |  | 12 |  |  |  | 0 |
Total Deferred Tax Assets |  | $ | 99 |  |  | $ | 30 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
Prepaid Expenses |  | $ | 30 |  |  | $ | 23 |
Depreciation |  |  | 91 |  |  |  | 100 |
Net Unrealized Gain on Investments |  |  | 1,000 |  |  |  | 1,362 |
Total Deferred Tax Liabilities |  | $ | 1,121 |  |  | $ | 1,485 |
Net Deferred Tax Liability |  | $ | (1,022) |  |  | $ | (1,455) |
The Company is subject to the following material taxing jurisdictions: U.S. and Minnesota. The tax years that remain open to examination by the Internal Revenue Service are 2010 through 2013. The tax years that remain open to examination by the Minnesota Department of Revenue are 2010 through 2013. We have no accrued interest or penalties related to uncertain tax positions as of January 1, 2013 or December 31, 2013 and uncertain tax positions are not significant..

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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