Note 5 - Income Tax Matters	3 Months Ended
Mar. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 5 – Income Tax Matters At March 31, 2018, we estimated our annual effective tax rate for 2018 to be 31%. We recognized a tax expense of $68,812 for the three months ended March 31, 2018. At March 31, 2018, the difference from the statutory federal income tax rate is attributable to state income taxes and certain permanent book-tax differences. The Company conducts an on-going analysis to review its net deferred tax asset and the need for a related valuation allowance. As a result of this analysis and the actual results of operations, the Company has (increased) decreased its net deferred tax assets by $( 9,901 ) and $35,169 during the three months ended March 31, 2018 and 2017, respectively. The change in deferred tax assets is attributable to the changes in various book/tax differences. In December 2017, new legislation was signed into law reducing the corporate U.S. tax rate from 35% to 21% for tax years beginning after December 31, 2017, fully repealing the corporate alternative minimum tax and making the NOL carryforward period indefinite for NOLs generated after 2017. In accordance with ASC Topic 740, deferred tax assets and liabilities are required to be measured at the enacted tax rate expected to apply when temporary differences are to be realized or settled. As of December 31, 2017, the Company re-measured its deferred tax balances based upon the new 21% tax rate. While the Company has completed its provisional analysis of the income tax effects of the new legislation and recorded a reasonable estimate of such effects, the amounts recorded related to the new legislation may differ, possibly materially, due to, among other things, further refinement of the Company’s calculations, changes in interpretations and assumptions that the Company has made, additional guidance that may be issued by the U.S. Government, and actions and related accounting policy decisions the Company may take as a result of this legislation. The Company will complete its analysis over a one -year measurement period ending no later than December 22, 2018, and any adjustments during this measurement period will be included as an adjustment to income tax expense/benefit in the reporting period when such adjustments are determined.

Note

– Income Tax Matters

March 31, 2018,

we estimated our annual effective tax rate for

2018

to be

31%.

We recognized a tax expense of

$68,812

for the

three

months ended

March 31, 2018.

March 31, 2018,

the difference from the statutory federal income tax rate is attributable to state income taxes and certain permanent book-tax differences.

The Company conducts an on-going analysis to review its net deferred tax asset and the need for a related valuation allowance. As a result of this analysis and the actual results of operations, the Company has (increased) decreased its net deferred tax assets by $(

9,901

) and

$35,169

during the

three

months ended

March 31, 2018

and

2017,

respectively. The change in deferred tax assets is attributable to the changes in various book/tax differences.

December 2017,

new legislation was signed into law reducing the corporate U.S. tax rate from

35%

21%

for tax years beginning after

December 31, 2017,

fully repealing the corporate alternative minimum tax and making the NOL carryforward period indefinite for NOLs generated after

2017.

In accordance with ASC Topic

740,

deferred tax assets and liabilities are required to be measured at the enacted tax rate expected to apply when temporary differences are to be realized or settled. As of

December 31, 2017,

the Company re-measured its deferred tax balances based upon the new

21%

tax rate.

While the Company has completed its provisional analysis of the income tax effects of the new legislation and recorded a reasonable estimate of such effects, the amounts recorded related to the new legislation

may

differ, possibly materially, due to, among other things, further refinement of the Company’s calculations, changes in interpretations and assumptions that the Company has made, additional guidance that

may

be issued by the U.S. Government, and actions and related accounting policy decisions the Company

may

take as a result of this legislation. The Company will complete its analysis over a

one

-year measurement period ending

later than

December 22, 2018,

and any adjustments during this measurement period will be included as an adjustment to income tax expense/benefit in the reporting period when such adjustments are determined.