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Note 7: Income Taxes (Tables)
12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of income tax expense benefit

Income tax benefits attributable to losses from operations in the United States of America was $Nil for the years ended December 31, 2020 and 2019, and differed from the amounts computed by applying the United States of America combined federal and Utah tax rate of 24.91% to pretax losses from operations as a result of the following:

 

   2020  2019
Income (loss) for the year before income taxes  $(477,596)  $112,252 
           
Computed expected tax expense (benefit)  $(118,972)  $27,963 
Non-deductible expenses   86,519    5,006 
Change in tax rates   —      (4,088)
True up of prior-year provision to statutory tax returns   (41,753)   (236,196)
Change in valuation allowance   74,206    207,315 
Income tax expense  $—     $—   
Schedule of deferred tax assets

The Company’s deferred tax assets that have not been recognized are as follows:

 

Start-up costs  $303,476   $229,270 
Valuation allowance   (303,476)   (229,270)
Deferred tax assets (liabilities)  $—     $—