(9) Income Taxes (Tables)

12 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of components of the (benefit) provision for income taxes from continuing operations

	2013		2012
Current:
State and local	$	158,000	$	138,000
Federal		70,333		72,000
		228,333		210,000
Deferred:
State and local		171,501		257,017
Federal		1,420,753		1,373,893
Change in valuation allowance		—		(3,413,936	)
		1,592,254		(1,783,026	)
	$	1,820,587	$	(1,573,026	)

Schedule of income from continuing operations before (benefit) provision for income taxes

	2013			2012
Statutory federal income tax		34.0	%		34.0	%
State and local taxes, net of federal benefit		9.1			6.3
Permanent differences		21.4			4.2
Alternative minimum tax		(6.3	)		3.6
Valuation allowance		—			(89.2	)
Other		1.8			—
Effective tax rate		60.0	%		(41.1	%)

Schedule of deferred tax assets and liabilities

	2013			2012
Deferred tax assets  (liability):
Current:
Allowance for doubtful accounts	$	126,839		$	126,839
Accrued compensation		647,299			678,857
	$	774,138		$	805,696
Non-current:
Assets:
Depreciation on fixed assets	$	124,838		$	48,584
Amortization on intangible asset		407,464			321,682
Net operating loss carryforwards		1,169,280			2,455,533
Share-based payment arrangements		206,843			237,994
Other		504,075			282,081
	$	2,412,500		$	3,345,874
Liability:
Goodwill, principally due to differences in amortization	$	(2,995,866	)	$	(2,368,544	)
	$	(2,995,866	)	$	(2,368,544	)
Net deferred tax asset	$	190,772		$	1,783,026

Schedule of federal net operating loss carry-forwards

Fiscal Year End	Amount
2029	$	1,163,000
2030		1,415,000
	$	2,578,000