INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

		For the Three Months Ended
		March 31,
		2017		2016
Current tax expense:
Federal	$	-	$	-
State		-		-
Current tax expense		-		-
Deferred tax expense (benefit):
Goodwill		127,777		127,777
Valuation Allowance		(127,777)		(241,394)
Net operating loss carryforward		(307,256)		113,617
Subtotal deferred tax expense/(benefit)		(307,256)		-
Income tax expense/(benefit)	$	(307,256)	$	-

Schedule of Effective Income Tax Rate Reconciliation

		For the Three Months Ended March 31,
		2017		2016
Computed tax at the expected statutory rate	$	(257,854)	$	202,060
State and local income taxes, net of federal		(49,906)		39,208
Other non-deductible expenses		504		126
Valuation Allowance		-		(241,394)
Income tax expense/(benefit)	$	(307,256)	$	-

Schedule of Deferred Tax Assets and Liabilities

		March 31,		March 31,
		2017		2016
Net deferred tax assets (liabilities):
Goodwill - impaired		2,903,618		2,903,618
Goodwill – tax amortization		(5,117,735)		(4,606,627)
Net operating loss carryforward		6,090,906		6,162,365
Valuation allowance		(3,569,533)		(4,459,356)
Net term deferred tax assets (liabilities)	$	307,256	$	-