| 3.
Income Taxes The Company has AMT credit carryforwards of $9,537,000 and $11,189,000 at September 30, 2001 and 2000, respectively, with no expiration date. Management believes it is more likely than not that deferred tax assets associated with these items will be realized through the generation of future taxable income and available tax planning strategies. |
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows: |
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Significant components of the provision for income taxes are as follows:
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