Annual report pursuant to Section 13 and 15(d)

Income Tax (Tables)

v3.24.1.1.u2
Income Tax (Tables)
 12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate

 

    2023     2022  
    December 31,  
    2023     2022  
Federal statutory income tax rate     21 %     21 %
State income taxes     - %     - %
Change in valuation allowance     (21 )%     (21 )%
Net effective income tax rate     -       -  
Schedule of Deferred Tax Asset

The components of the Company’s deferred tax asset are as follows:

 

    2023     2022  
    December 31,  
    2023     2022  
Deferred tax assets:                
Net operating loss carry forwards   $ 2,097,900     $ 1,950,000  
                 
Net deferred tax assets before valuation allowance   $ 2,097,900     $ 1,950,000  
Less: Valuation allowance     (2,097,900 )     (1,950,000 )
Net deferred tax assets   $ -     $ -