INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | NOTE 13 – INCOME TAXES
The income tax provision was $214,400 for the six months ended June 30, 2026. The effective tax rate was 26.6% of the income before income taxes of $816,752, which differs from the federal statutory rate of 21% due to state income taxes and certain of the Company’s expenses that are not deductible for tax purposes.
The income tax provision was $1,360,049 for the six months ended June 30, 2025. The effective tax rate was 25.5% of the income before income taxes of $5,426,407, which differs from the federal statutory rate of 21% due to state income taxes and certain of the Company’s expenses that are not deductible for tax purposes.
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