Income Taxes (Tables)

3 Months Ended

Dec. 31, 2017

Income Taxes Tables

Schedule of Components of Income Tax Expense

The difference between the expected income tax expense (benefit) and the actual tax expense (benefit) computed by using the Federal statutory rates is as follows:

	For the Three
	Months Ended
	December 31,
	2017			2016
Expected income tax (benefit) at statutory rates of 21% and 34%, respectively	$	399,400		$	(77,600	)
Change in non-deductable expenses		(477,800	)		-
Change in valuation allowance		78,400			77,600
	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are provided for significant income and expense items recognized in different years for tax and financial reporting purposes. Temporary differences, which give rise to a net deferred tax asset, are as follows:

Deferred tax assets:	December 31, 2017			September 30, 2017
Tax benefit of net operating loss carry-forward	$	616,100		$	537,700
Book and tax difference for amortization of intangibles		48,400			48,400
Less: valuation allowance		(664,500	)		(586,100	)
Net deferred tax asset	$	0		$	0