|12 Months Ended|
Dec. 31, 2015
|Income Tax Disclosure [Text Block]||
Note 11 – Income Taxes
For the years ended December 31 2015 and 2014, the Company recognized income tax expense (benefit) of $(32,150) and $80,951, respectively.
Income tax provisions for the years ended December 31,:
The reconciliations of the results of applying the Company's effective statutory federal income tax rate of 34% for the years ended December 31, 2015 and 2014 to the Company's income before taxes and the Company's provision for income taxes are as follows:
The components of the deferred tax assets, net of deferred tax liabilities for each period are:
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.
Reference 1: http://www.xbrl.org/2003/role/presentationRef