Expect 1099-G forms if you received government covid relief. Government Covid relief grants, with the exception of PPP, will be reportable as "other income" on your taxes. Many of you file your business taxes on a schedule C (on your personal income taxes) or are S-Corps (where the businesses income or losses transfer over onto your personal income tax statements). Unemployment income is also reported as "other income" on your personal tax return. Avoid surprising tax bills by taking a look at your business profit or loss and the amount of unemployment and wages you received. You can reduce your business income if you need to by paying some bills in 2020.
For those of you who have been paper filing forms like quarterly 941s, please be aware that the IRS is under an enormous backlog of paper filings. Many employee retention credits claimed for Q2 on paper are just now being mailed out. If you paper filed, you may receive late filing notices because of the IRS backlog. My feeling is that the IRS will eventually sort this out and you will receive another notice that you were not late, but I will be available after the new year to help businesses with these issues.
A little-noticed provision of the CARES act allows filers who use the standard deduction (that's most of us/ people who do not itemize on their personal taxes) to deduct up to $300 in donations to charity on your personal taxes, directly reducing your income.