Income Taxes |
9 Months Ended |
|---|---|
Sep. 30, 2020 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes |
NOTE 10 – INCOME TAXES
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was enacted by the United States Congress. The CARES Act allows, among other provisions, for net operating losses (NOL’s) arising in tax years beginning after December 31, 2017 and before January 1, 2021 may be carried back to each of the five preceding taxable years to generate a refund of previously paid income taxes. During the nine month period ended September 30, 2020, the Company has recorded an income tax benefit of $2,139 related to the carryback of NOLs. At September 30, 2020, the Company has recorded an income tax receivable of $1,715 and $655 related to the carryback of NOLs. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|