INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

The components of the provision for income tax expense are as follows for the years ended:

	December 31,
	2015		2014
Current taxes
Federal	$	—	$	—
State		—		—
Current taxes		—		—
Change in deferred taxes		82,112		18,564
Change in valuation allowance		(82,069)		(18,520)

Provision for income tax expense	$	43	$	44

The following is a summary of the significant components of the Company’s deferred tax assets and liabilities at December 31, 2015:

Deferred tax assets:
Equity based compensation	$	97,276
Allowance for doubtful accounts		9,520
Net operating loss carryforward		1,015,748
On-line training certificate reserve		818
Total deferred tax assets		1,123,362
Valuation allowance		(1,120,842)

Deferred tax assets net of valuation allowance		2,520

Less deferred tax assets – non-current, net of valuation allowance		2,330

Deferred tax assets – current, net of valuation allowance	$	190

The following is a summary of the significant components of the Company’s deferred tax assets and liabilities at December 31, 2014, Restated:

Deferred tax assets:
Equity based compensation	$	97,276
Allowance for doubtful accounts		15,980
Depreciation and amortization timing differences		—
Net operating loss carryforward		1,091,064
On-line training certificate reserve		1,154
Total deferred tax assets		1,205,474
Valuation allowance		(1,202,911)

Deferred tax assets net of valuation allowance		2,563

Less deferred tax assets – non-current, net of valuation allowance		2,330

Deferred tax assets – current, net of valuation allowance	$	233

The significant differences between the statutory tax rate and the effective tax rates for the Company for the years ended are as follows:

	December 31,
	2015			2014
Statutory tax rate		34.00	%		34.00	%
State tax, net of Federal benefits		3.63	%		3.63	%
Change in valuation allowance		(37.63)	%		(37.63)	%
Effective tax rate		—	%		—	%