Note 8 - Income Taxes

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Income Tax Disclosure [Text Block]

8. Income Taxes

The Company’s tax provision is based on its estimated annual effective tax rate. The Company continues to fully recognize its tax benefits, and as of

June 30, 2019

and

December 31, 2018,

the Company did

not

have any unrecognized tax benefits. The Company’s provision for income taxes for the

three

and

six

months ended

June 30

included the following:

	Three months ended June 30,						Six months ended June 30,
	2019			2018			2019			2018
Provision for Federal Income Taxes - Current	$	330,044		$	374,032		$	644,207		$	684,150
Provision for Federal Income Taxes - Deferred		(55,928	)		(3,833	)		(45,072	)		(32,215	)
Total Provision for Income taxes	$	274,116		$	370,199		$	599,135		$	651,935