Income Taxes

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 8 – INCOME TAXES

For the year ended December 31, 2018, the cumulative net operating loss carry-forward from continuing operations is approximately $12,281,083 and will expire beginning in the year 2030.

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows as of December 31, 2018 and 2017:

	2018			2017
Deferred tax asset attributable to:
Net operating loss carryover	$	2,579,027		$	2,583,438
Valuation allowance		(2,579,027	)		(2,583,438	)
Net deferred tax asset	$	-		$	-

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%.