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Business & farm
No, you don't need to include a note. It is very common for a new corporation to not have any payroll in the few year or two.
That being said, if you have a profit, you should start payroll as soon as it it is practical to do so. If you file three years with a profit and no payroll, you are very likely to be audited because of it.
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March 30, 2023
5:53 AM