text: Accounting for Income Taxes 
  
  The Company’s provision for income taxes is based on income before income taxes adjusted for permanent 
  differences between financial reporting and taxable income. Deferred tax assets and liabilities are determined using 
  the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based 
  on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets 
  and liabilities and gives current recognition to changes in tax rates and laws. 