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Income Taxes
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Income Taxes

Note 9 — Income Taxes

 

The Company’s net deferred tax assets are as follows:

 

   December 31,
2021
   December 31,
2020
 
Total deferred tax assets  $11,644   $
-  
 
Valuation Allowance   (11,644)   
-  
Deferred tax asset, net of allowance  $
-  
    
-  
 

 

In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible. Management considers the scheduled reversal of deferred tax assets, projected future taxable income and tax planning strategies in making this assessment. After consideration of all of the information available, Management believes that significant uncertainty exists with respect to future realization of the deferred tax assets and has therefore established a full valuation allowance. For the years ended December 31, 2021, the net operating loss was approximately $55,000.