INCOME TAXES (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2016

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

The components of income tax expense (benefit) from continuing operations for the three months ended March 31, 2016 and 2015 consist of the following:

		For the Three Months Ended
		December 31,
		2016		2015
Current tax expense:
Federal	$	-	$	-
State		-		-
Current tax expense		-		-
Deferred tax expense (benefit):
Goodwill		127,777		127,777
Valuation Allowance		(241,394)		(209,763)
Net operating loss carryforward		113,617		81,986
Subtotal deferred tax expense/(benefit)		-		-
Income tax expense/(benefit)	$	-	$	-

The components of income tax expense (benefit) from continuing operations for the Years ended December 31, 2015 and 2014 consist of the following:

		For the Years Ended
		December 31,
		2015		2014
Current tax expense:
Federal	$	-	$	-
State		-		-
Current tax expense		-		-
Deferred tax expense (benefit):
Allowance for doubtful accounts		-		-
Depreciation		-		-
Goodwill – Impaired		-		-
Goodwill		511,108		511,108
Valuation Allowance		(1,210,250)		(568,016)
Net operating loss carryforward		699,142		56,908
Subtotal deferred tax expense/(benefit)		-		-
Income tax expense/(benefit)	$	-	$	-

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income tax expense as the federal statutory rate to income tax expense at the Company’s effective rate is as follows:

		For the Three Months Ended March 31,
		2016		2015
Computed tax at the expected statutory rate	$	202,060	$	175,632
State and local income taxes, net of federal		3 9,208		34,071
Other non-deductible expenses		126		60
Valuation Allowance		(241,394)		(209,763)
Income tax expense/(benefit)	$	-	$	-

A reconciliation of income tax expense at the federal statutory rate to income tax expense at the company’s effective rate is as follows:  

		For the Years Ended
		December 31,
		2015		2014
Computed tax at the expected statutory rate	$	1,013,408	$	475,407
State and local income taxes, net of federal		196,575		92,260
Other non-deductible expenses		267		349
Return to accrual adjustment		-		-
Valuation Allowance		(1,210,250)		(568,016)
Income tax expense/(benefit)	$	-	$	-

Schedule of Deferred Tax Assets and Liabilities

The temporary differences, tax credits and carryforwards gave rise to the following deferred tax asset at March 31, 2016 and 2015:

		December 31,		December 31,
		2015		2014
Current deferred tax assets (liabilities):
Allowance for doubtful accounts	$	-	$	-
Vacation accrual		-		-
Total current deferred tax assets (liabilities)		-		-
Long-term deferred tax assets (liabilities):
Goodwill - impaired		2,903,618		2,903,618
Goodwill – tax amortization		(4,606,627)		(4,095,519)
Net operating loss carryforward		6,162,365		6,893,138
Valuation allowance		(4,459,356)		(5,701,237)
Total long-term deferred tax assets (liabilities)	$	-	$	-
Net term deferred tax assets (liabilities)	$	-	$	-

The temporary differences, tax credits and carryforwards gave rise to the following deferred tax asset December 31, 2015 and 2014:

		December 31,		December 31,
		2015		2014
Current deferred tax assets (liabilities):
Allowance for doubtful accounts	$	-	$	-
Bonus accrual		-		-
Vacation accrual		-		-
Total current deferred tax assets (liabilities)		-		-
Long-term deferred tax assets (liabilities):
Goodwill - impaired		2,903,618		2,903,618
Goodwill – tax amortization		(4,478,850)		(3,967,742)
Depreciation		-		-
Net operating loss carryforward		6,275,982		6,975,124
Valuation allowance		(4,700,750)		(5,911,000)
Total long-term deferred tax assets (liabilities)	$	-	$	-
Net term deferred tax assets (liabilities)	$	-	$	-