Annual report pursuant to Section 13 and 15(d)

Note 16 - Income Tax: Schedule of Components of Income Tax Expense (Benefit) (Tables)

v3.8.0.1
Note 16 - Income Tax: Schedule of Components of Income Tax Expense (Benefit) (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

 

 

2017

2016

Current:

 

 

 

Federal

$

-

$

-

State

 

9,222

10,400

 

9,222

10,400

Deferred:

 

 

 

Federal

 

(632,800)

237,100

State

 

13,900

61,800

Change in valuation

 

618,900

(298,900)

Total provision (benefit)

$

9,222

$

10,400