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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2014
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

 

 

 

 

 

Nine Months Ended Sept. 30, 2014

 

Nine Months Ended Sept. 30, 2013

Current

$

—  

$

—  

Federal

$

—  

$

—  

State

$

—  

$

—  

 

$

 

$

 

Deferred

$

—  

$

—  

 

$

 

$

 

Schedule of Effective Income Tax Rate Reconciliation

 

 

 

 

 

 

Nine Months Ended September 30, 2014

 

Nine Months Ended September 30, 2013

 

 

 

 

 

Income tax computed at Federal statutory tax rate of 34%

$

(4,578)

$

(4,938)

State taxes (net of federal benefit) of 3.3% for 2014 and 2013

 

(444)

 

(479)

Deferred taxes and other

 

5,022 

 

5,417 

 

$

-

$

-