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NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Taxes (Policies)
 12 Months Ended
Dec. 31, 2020
Policies  
Income Taxes

Income Taxes

 

The Company uses the liability method of accounting for income taxes. Under the liability method, deferred tax assets and liabilities are determined based on differences between financial reporting and the tax basis of assets, liabilities, the carry forward of operating losses and tax credits, and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. An allowance against deferred tax assets is recorded when it is more likely than not that such tax benefits will not be realized.