v3.26.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF PROVISION FOR STATE INCOME TAXES

The provision for state income taxes for the years ended is as follows:

  

   2025   2024 
Current – State  $3,637   $25,764 
Deferred – Federal   (6,602)   - 
Deferred – State        (398)
Total provision for income taxes  $(2,965)  $25,366 
SCHEDULE OF DEFERRED TAX ASSETS AND DEFERRED TAX LIABILITIES

The income tax effect of temporary differences comprising the deferred tax assets and deferred tax liabilities is a result of the following at December 31:

 

Deferred tax assets (liabilities):  2025   2024 
Allowance for credit losses  $16,815   $16,594 
Charitable Contributions   839    - 
Depreciation   (6,467)   (37,039)
Right of use assets - net   14,616    - 
State income taxes   -    5,963 
NOL - Federal   1,610,961    494,385 
NOL -state   -    116,009 
Derivative Expense   -    - 
Stock-based Compensation   327,549    - 
Other current assets   (34,075)   6,331 
Deferred tax asset (liability)   1,930,238    602,243 
Valuation allowance   (1,930,238)   (608,845)
Deferred tax asset (liability) -net   -    (6,602)
SCHEDULE OF RECONCILIATION BETWEEN EFFECTIVE TAX RATE ON INCOME FROM CONTINUING OPERATIONS AND THE STATUTORY RATE

Reconciliation between the effective tax rate on income from continuing operations and the statutory rate for the year ended December 31, 2025 and 2024, is as follows:

 

   2025   2024 
   For the Year Ended December 31, 
   2025   2024 
Book income before taxes   -21%   -21%
Pass- through entity effect   0%   -1%
Permanent tax basis differences (guaranteed payments and penalties)   3%   0%
States taxes   0%   1%
Other   0%   0%
Change in valuation allowance   18%   22%
Effective tax rate   0%   1%