XML 34 R25.htm IDEA: XBRL DOCUMENT v3.22.4
Income Taxes (Tables)
12 Months Ended
Sep. 30, 2022
Income Taxes  
Schedule of Effective Tax Rate

 

 

2022

 

 

2021

 

Statutory federal tax rate

 

 

21.00%

 

 

21.00

State income tax rate

 

 

5.45%

 

 

5.70

Permanent differences

 

 

(19.52)%

 

 

(26.70)%

Effective tax rate

 

 

6.93%

 

 

0.00

Schedule of Net Deferred Tax Liabilities

 

 

2022

 

 

2021

 

Deferred Tax Assets:

 

 

 

 

 

 

Future net operating loss benefit

 

$(65,116)

 

$116,515

 

Current liabilities

 

 

27,589

 

 

 

65,144

 

Deferred tax assets

 

 

(37,527)

 

 

181,659

 

Deferred Tax Liabilities:

 

 

 

 

 

 

 

 

Current assets

 

 

95,112

 

 

 

326,343

 

Deferred depreciation

 

 

114,066

 

 

 

23,490

 

Deferred tax liabilities

 

 

209,178

 

 

 

349,833

 

Net deferred tax liabilities

 

$246,705

 

 

$168,174