FEDERAL AND STATE INCOME TAXES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of provision (benefit) for income taxes |
The provision (benefit) for income taxes at December 31, 2018, and December 31, 2017 consisted of:
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Schedule of reconciliation of income taxes |
The reconciliation of income taxes shown in the financial statements and amounts computed by applying the Federal expected tax rate of 21% for fiscal year 2018 and 34% for fiscal year 2017 is as follows:
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Schedule of component of deferred tax liabilities |
The components of deferred tax assets/(liabilities) at December 31, 2018, and December 31, 2017, respectively, are as follows:
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