INCOME TAXES (Q2) (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2018

Dec. 31, 2017

INCOME TAXES [Abstract]

Reconciliation of Income Tax Expense (Benefit)

A reconciliation of the federal income tax rate to the Company’s effective tax rate at December 31, 2017 is as follows:

	Year Ended December 31, 2017
Statutory federal income tax rate		34.0	%
State taxes, net of federal tax benefit		0.0	%
Deferred tax rate change		53.4	%
Change in valuation allowance		86.3	%
Income tax provision		173.7	%

Intermex Holdings, Inc. and Subsidiaries [Member]

INCOME TAXES [Abstract]

Reconciliation of Income Tax Expense (Benefit)

A reconciliation between the income tax expense (benefit) at the US statutory tax rate and the Company’s income tax provision (benefit) on the condensed consolidated statements of operations and comprehensive income (loss) is below:

	Successor Company												Predecessor Company
	Three Months Ended June 30,						Six Months Ended June 30,			Period from February 1, 2017 to June 30,			Period from January 1, 2017 to January 31,
	2018			2017			2018			2017			2017
	(Unaudited)
Income (loss) before income taxes	$	2,668,244		$	1,517,237		$	1,920,955		$	(5,243,578	)	$	(5,521,794	)
US statutory tax rate		21	%		34	%		21	%		34	%		34	%
Income tax expense (benefit) at statutory rate		560,331			515,861			403,401			(1,782,817	)		(1,877,410	)
State tax expense (benefit), net of federal		156,527			38,064			116,242			8,575			(278,657	)
Foreign tax rates different from US statutory rate		25,947			(6,254	)		33,264			90,003			(45,631	)
Non-deductible expenses		89,671			(303,917	)		72,055			2,928,445			409
Other		(8,587	)		-			(8,590	)		-			(2,084	)
Total tax provision (benefit)	$	823,889		$	243,754		$	616,372		$	1,244,206		$	(2,203,373	)

A reconciliation between the tax provision (benefit) at the US statutory tax rate to the Company’s tax provision (benefit) on the consolidated statements of operations and comprehensive (loss) income is below:

	Successor Company			Predecessor Company
	Period from February 1, 2017 to December 31, 2017			Period from January 1, 2017 to January 31, 2017			Year Ended December 31, 2016			Year Ended December 31, 2015
							(as Restated)			(as Restated)
(Loss) income before income taxes	$	(9,639,051	)	$	(5,521,794	)	$	13,483,681		$	9,949,467
US statutory tax rate		34	%		34	%		34	%		34	%
Income tax (benefit) expense at statutory rate		(3,277,277	)		(1,877,410	)		4,584,452			3,382,819
State tax expense (benefit), net of federal		(182,027	)		(278,657	)		574,478			338,818
Foreign tax rates different from US statutory rate		94,688			(45,631	)		124,107			50,267
Non-deductible expenses		3,309,549			409			(58,494	)		6,772
Change in tax rate		604,153			—			(1,070,363	)		405,866
Other		(14,684	)		(2,084	)		(70,525	)		7,101
Total tax provision (benefit)	$	534,402		$	(2,203,373	)	$	4,083,655		$	4,191,643