In a “normal” year, tax planning is fairly straightforward. But with the COVID-19 pandemic and associated programs, things look quite a bit different this year. Paycheck Protection Program loans and the Food Assistance Program, for example, may have generated short-term liquidity or revenue for your operation, but they have different specific implications for deductions, expenses and Schedule F earnings. It’s a good time to contact your tax adviser to see where you stand to stay right with the Tax Man heading into 2021. See more things to consider.