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Income Tax
 12 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
INCOME TAX

9. INCOME TAX

 

The Company files income tax returns in the U.S. federal jurisdiction, and various state and local jurisdictions. The Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2013.

 

Components of income tax (benefits) for the years ended September 30, 2017 and 2016 are as follows:

 

   For the year ended September 30, 2017   For the year ended September 30, 2016 
   Federal   State   Total   Federal   State   Total 
Current  $      -   $830   $830   $      -   $836   $836 
Deferred   -    -    -    -    -    - 
   $-   $830   $830   $-   $836   $836 

 

 

Significant components of the Company’s deferred tax accounts at September 30, 2017 and September 30, 2016:

 

Deferred Tax Account - noncurrent:  September 30, 2017   September 30, 2016 
Tax losses carryforwards  $832,913   $464,038 
Less: Valuation allowance   (832,913)   (464,038)
Total deferred tax account - noncurrent  $-   $- 

 

The difference between the effective rate reflected in the provision for income taxes on loss before taxes and the amounts determined by applying the applicable statutory U.S. tax rate are analyzed below:

 

   For the Year ended
September 30,		 
   2017   2016 
Statutory federal tax benefit, net of state tax effects   31%   31%
State income taxes   8.84%   8.84%
Nondeductible/nontaxable items   (29)%   (38.16)%
Change in valuation allowance   (10.84)%   (1.68)%
Effective income tax rate   -%   -%