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(9) Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Jun. 30, 2015
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

 

 

 

 

 

 

2015

 

2014

Expected tax benefit (provision)

$

475,743

$

135,036

State taxes, net of federal tax benefit

 

58,661

 

12,265

R&D tax credit

 

28,916

 

-

Valuation allowance

 

(1,447,247)

 

-

Incentive stock options

 

(3,322)

 

(4,852)

Other, net

 

36,157

 

(16,426)

 

$

(851,092)

$

126,023