Income Taxes (Details Narrative) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Operating Loss Carryforwards [Line Items] | |||
Expected federal statutory rate | 21.00% | 21.00% | |
Income tax examination, description | As of December 31, 2023, the Company had approximately $1,512,000 of federal and state net operating loss carryovers (“NOLs”). From this amount, $711,000 expire after 20 years, and can be carried back 2 years, according to the old tax law, while $627,000 can be carried forward indefinitely and cannot be carried back, in accordance with the new tax rules | ||
Net operating loss carryforward | $ 383,370 | $ 286,626 | |
Valuation allowance, deferred tax asset, increase amount | 93,909 | $ 114,310 | |
Federal and state [Member] | |||
Operating Loss Carryforwards [Line Items] | |||
Net operating loss carryforward | $ 1,512,000 | ||
Net operating loss carryforward, expiration | $ 711,000 |
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards that are subject to expiration dates. No definition available.
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A brief description of status of the tax examination, significant findings to date, and the entity's position with respect to the findings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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