ArtFest Fort Myers under Executive Director Sharon McAllister's leadership, has initiated a plan to act as a clearinghouse to help artists interpret and access the financial services established under the new CARES Act. The law is meant to address the economic fallout of the 2020 coronavirus pandemic in the United States. Sharon is joined by professional accountant John Brodie of Comprehensive Accounting in metro Detroit.
John will be a meaningful participant for this podcast, not only because of his accounting background, but because he has been my accountant since 1980 and has advised us financially on our art fair business since then. He has seen the financial aspects of art fair artists lives first hand.
The CARES act includes SBA Economic Disaster loans and grants, a payroll protection plan and access to unemployment benefits to small businesses and individuals. Some of its individual facets are SBA Economic Injury Disaster Loans, a Payroll Protection Plan and unemployment benefits.
What you will learn:
- how the act supports small businesses
- how and where to apply for the various programs
- who is eligible and what determines that eligibility
But mostly we invite your questions and will build the podcast around your concerns. Please put them in the comments below or email to me: firstname.lastname@example.org
call in with your questions during the podcast:
Find quick answers to your concerns on the ArtFest Fort Myers website.
NOTE: none of us are giving legal; tax; accounting; unemployment or similar advice. Contact your accountant and banker for your own situation. The final regulations have not yet been written and banks & unemployment offices are scrambling to get new benefits implemented. Patience will be needed.
A sobering fact: 6.6 million Americans filed for unemployment last week.