Ask Justin featuring Michael Gamboli: How Does the Family First Act Affect Small Business Owners as Employers The Justin Goodbread Show

In episode 239 of Financially Simple, Justin talks to Michael Gamboli of Partridge, Snow & Hahn LLP, about the Family First Act.
The Family First Act is due for publication in the next few days, but in that time it has changed and will continue to change according to government recommendations. Justin talks to Michael about the meaning of the Act and how it will affect Business Owners and their Employees, as it currently stands, and how Business Owners can make the most of the Act.
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TIME INDEX:
01:17 - Ask Justin featuring Michael Gamboli: How Does the Family First Act Affect Small Business Owners as Employers
02:29 - Sick Leave: How It Works
04:09 - The Two Parts
05:38 - Healthcare Providers & Emergency Responders Exemption
07:03 - Pre-Emptive Layoffs
09:35 - What is The Benefit Amount?
10:48 - Does the Act Benefit the Owner/Self-Employed?
11:58 - One Piece of Advice for Business Owners
13:49 - Concluding Thoughts
17:05 - Wrap Up
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RESOURCES:
Financially Simple Educational Website
Financially Simple on YouTube
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NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit
Michael Gamboli, PSH LLC
PSH: Family First Act
PSH: COVID-19 Advisory Group
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BIO:
Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute’s Exit Planner Leader of the Year.

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