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Income Taxes
3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 9 – INCOME TAXES

 

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act") was enacted by the United States Congress. As a result of the enactment of the CARES Act, net operating losses (NOL's) can now be carried back for five years, among other provisions. For the three months ended March 31, 2020, this resulted in the Company recognizing $1,483 of income tax receivable, $655 of deferred tax assets, and a tax benefit of $2,138.