INCOME TAXES

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 5 - INCOME TAXES

During the periods ended March 31, 2013 and 2012, the Company had losses of $33,478 and $193,311, respectively. The losses generated $0 in deferred federal and state income tax provisions using a blended income tax rate of 37.25% after an allowance for deferred tax asset realization.

The components of income tax expense attributable to continuing operations for the periods ended March 31, 2013 and 2012 are as follows:

	2013		2012
Deferred federal and state income tax benefit	$	11,400	$	65,700
Current state income tax benefit		1,100		6,300
Change in allowance for deferred tax assets		(12,500)		(72,000)
Provision for income tax	$	-	$	-

Our tax returns for 2009 – 2012 are open to audit by the Internal Revenue Services.  The net operating losses begin expiring in 2031.