XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Tax (Tables)
12 Months Ended
Dec. 31, 2017
Income Tax Disclosure [Abstract]  
Schedule of deferred tax asset

The Company’s deferred tax assets are as follows at December 31, 2017 and 2016:

 

    December 31, 2017     December 31, 2016  
Deferred tax asset                
Net operating loss carryforward   $ 51,046       50,339  
Valuation Allowance     (51,046 )     (50,339 )
Deferred tax asset, net of allowance   $ -       -  
Schedule of income tax provision (benefit)

The income tax provision (benefit) consists of the following at December 31, 2017 and 2016:

 

    Year Ended
December 31, 2017
    Year Ended
December 31, 2016
 
Federal                
Current   $ -     $ -  
Deferred     (26,219 )     (36,718 )
State and Local                
Current             -  
Deferred     (3,296 )     (9,874 )
Change in valuation allowance     29,515       46,592  
Income tax provision (benefit)   $ -     $ -  
Schedule of reconciliation of the statutory tax rate

A reconciliation of the statutory tax rate to the Company’s effective tax rates as of December 31, 2017 and 2016 is as follows:

 

    Year Ended 
December 31, 2017
    Year Ended 
December 31, 2016
 
Statutory federal income tax rate     -21.0 %     -34.0 %
State taxes, net of federal tax benefit     -2.6 %     -8.6 %
Change in valuation allowance     23.6 %     42.6 %
Income tax provision (benefit)     0.0 %     0.0 %