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NOTE 9 - INCOME TAXES
9 Months Ended
Sep. 30, 2025
Notes  
NOTE 9 - INCOME TAXES

NOTE 9 – INCOME TAXES

 

The effective income tax rate for the nine months ended September 30, 2025 and 2024 differs from the U.S. Federal statutory rate due to the following:

 

 

September 2025

 

September 2024

Federal statutory income tax rate

 

$203,597  

 

$108,561  

Change in valuation allowance

 

(203,597) 

 

(108,561) 

 

$ 

 

$ 

 

The components of the deferred tax assets and liabilities at September 30, 2025 and 2024 are as follows:

 

 

September 2025

 

September 2024

Long-term deferred tax assets:

 

 

 

 

 Federal net operating loss carryforwards

 

$203,597  

 

$108,561  

 Valuation allowance

 

(203,597) 

 

(108,561) 

Net long-term deferred tax assets

 

$ 

 

$