INCOME TAXES

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 5 – INCOME TAXES

For the years ended December 31, 2023 and 2022, the cumulative net operating loss carry-forward from continuing operations is approximately $1,398,333 and $981,833, respectively, and will expire beginning in the year 2032.

The cumulative tax effect at the expected rate of 21% of significant items comprising the Company’s net deferred tax amount is as follows as of December 31, 2023 and 2022:

	2023			2022
Deferred tax asset attributable to:
Net operating loss carryover	$	293,650		$	206,185
Valuation allowance		(293,650	)		(206,185	)
Net deferred tax asset	$	—		$	—

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $1,398,333 for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.

Due to the enactment of the Tax Reform Act of 2017, the corporate tax rate for those tax years beginning with 2018 has been reduced to 21%.