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INCOME TAXES
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Income Tax Disclosure [Abstract]    
INCOME TAXES

NOTE 4 – INCOME TAXES

 

The components of the Company’s provision for federal income tax for the years ended June 30, 2025 and 2024 consist of the following:

 

   June 30,   June 30, 
   2025   2024 
Federal income tax benefit attributable to:          
Current operations  $3,973,581   $1,921,040 
Less: valuation allowance   (3,973,581)   (1,921,040)
Net provision for federal income taxes  $-   $- 

 

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:

 

   June 30,   June 30, 
   2025   2024 
Deferred tax asset attributable to:          
Net operating loss carryover  $834,452   $403,418 
Less: valuation allowance   (834,452)   (403,418)
Net deferred tax asset  $-   $- 

 

NOTE 6 – INCOME TAXES

  

The components of the Company’s provision for federal income tax for the years ended December 31, 2024 and 2023 consist of the following:   

     

SCHEDULE OF FEDERAL INCOME TAX

   December 31,   December 31, 
   2024   2023 
Federal income tax benefit attributable to:          
Current operations  $2,911,163  $1,569,830
Less: valuation allowance   (2,911,163)   (1,569,830)
Net provision for federal income taxes  $-   $- 

 

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:   

 

   December 31,   December 31, 
   2024   2023 
Deferred tax asset attributable to:          
Net operating loss carryover  $611,344  $329,664
Less: valuation allowance   (611,344)   (329,664)
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 $2,911,163 as of December 31, 2024, 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.