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

The Company’s income (loss) before income taxes were broken down as follows:

 

   Year Ended December 31, 2025   Year Ended December 31, 2024 
Domestic  $(8,967,280)  $2,085,356 
Foreign   -    - 
Total Income (loss) before income taxes  $(8,967,280)  $2,085,356 
SCHEDULE OF TAX PROVISION BENEFIT

The Company’s tax provision (benefit) as of December 31, 2025 and 2024 is summarized as follows:

 

   December 31, 2025   December 31, 2024 
Current          
Federal  $(77,341)  $903,347 
State   18,540    (8,407)
Foreign   -    - 
Total current income tax expense   (58,801)   894,940 
           
Total income tax expense  $(58,801)  $894,940 
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

Net deferred tax assets consist of the following components as of December 31, 2025 and 2024:

 

   December 31, 2025   December 31, 2024 
Deferred tax assets          
NOL carryover  $3,438,636   $2,417,161 
Amortization   1,976,244    1,850,667 
Other accruals   2,468,356    1,988,821 
Depreciation   (18,482)   862,384 
Investment in partnership   11,011,465    10,985,183 
Deferred tax liabilities   -    - 
Valuation allowance   (18,876,219)   (18,104,216)
Net deferred tax liability  $-   $- 
SCHEDULE OF INCOME FROM CONTINUING OPERATIONS

 

   Year ended December 31, 2025 
   $   % 
Income taxes at statutory rate  $(1,883,129)   21.00%
State and Local Income Taxes - Net of Federal Benefit [1]   18,541    -0.21%
Changes in Valuation Allowance   665,298    -7.42%
Nontaxable or Nondeductible items          
Related party interest   260,317    -2.90%
Administrative fine   858,561    -9.57%
Other   4,971    -0.06%
Other   16,640    -0.19%
Total income tax provision (benefit)  $(58,801)   0.65%

 

[1] State taxes in California, Pennsylvania and New Jersey made up the majority (greater than 50%) of the tax effect in this category.

 

 

INVESTVIEW, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2025 AND 2024

 

As previously disclosed for the year ending December 31, 2024, prior to the adoption of ASU 2023-09, the income tax provision differs from the amount of income tax by applying the U.S. federal income tax rate to pretax income from continuing operations due to the following:

 

   Year ended December 31, 2024 
Pretax Book Income/(Loss)  $2,085,356 
      
Income taxes at statutory rate   437,925 
State taxes – net of federal benefit   (6,641)
Valuation allowance   581,800 
Foreign derived intangible income   (420,033)
Interest   260,511 
Other   41,378 
Total income tax provision (benefit)  $894,940 
SCHEDULE OF UNRECOGNIZED TAX BENEFITS

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

 

   Year ended December 31, 2025   Year ended December 31, 2024 
Balance at the beginning of the year  $26,768   $- 
Increases related to positions taken in prior years   -    26,768 
Balance at the end of the year  $26,768   $26,768 
SCHEDULE OF INCOME TAXES PAID, NET OF REFUNDS RECEIVED

Income taxes paid, net of (refunds) received, is as follows:

 

   Year ended December 31, 2024 
Federal  $(169,495)
State   (1,967)
Total taxes paid  $(171,462)