INCOME TAXES (Details) - USD ($) |
3 Months Ended | ||
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Sep. 30, 2022 |
Sep. 30, 2021 |
Jun. 30, 2022 |
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INCOME TAXES [Abstract] | |||
Combined federal and state statutory tax rate | 22.98% | 22.24% | |
Federal income tax rate | 21.00% | 21.00% | |
State income tax rate | 1.98% | 1.24% | |
Effective tax rate | 25.39% | ||
Income tax (benefit) expense | $ (302,956) | $ 122,629 | |
Deferred tax assets | $ 6,154,860 | $ 5,851,904 |
X | ||||||||||
- Definition Percentage of combined domestic federal and state income statutory tax rate applicable to pretax income (loss). No definition available.
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X | ||||||||||
- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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