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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2017
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of the Statutory Fedreal Rate

The reconciliation of the statutory federal rate to the Company's effective tax rate follows:


 

 

2017

 

 

2016

 

 

 

Amount

 

 

%

 

 

Amount

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit at U.S. federal income tax rate

 

(1,422,300

)

 

 

(34

)

 

(1,558,800

)

 

 

(34

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State tax net of federal tax effect

 

 

(334,600

)

 

 

(8

)

 

 

(366,800

)

 

 

(8

)

Tax rate change

 

 

585,600

 

 

 

14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in valuation allowance

 

 

1,171,300

 

 

 

28

 

 

 

1,925,600

 

 

 

42

 

 

 

$

 

 

 

 

 

$