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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2013
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

 

 

Quarter ended March 31, 2013

 

Quarter ended March 31, 2012

Current

 

 

 

 

Federal

$

0

$

0

State

$

0

$

0

Current Total

$

0

$

0

Deferred

$

0

$

0

Total

$

0

$

0

Schedule of Effective Income Tax Rate Reconciliation

 

 

Quarter ended March 31, 2013

 

Quarter ended March 31, 2012

Income tax computed at Federal statutory tax rate of 34%

$

(1,732)

$

(5,437)

State taxes (net of federal benefit) of 3.3%

 

(168)

 

(528)

Deferred taxes and other

 

1,900

 

5,965

 

$

0

$

0