he Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, was introduced in the United States of America two years ago, signed into law by president Donald Trump in March of 2020 just as the coronavirus pandemic was first spreading across the country. It provided financial support to Americans, including for self-employed people.
For self-employed people, support was available through programs such as the Self Employment Assistance (SEA) program and the Pandemic Unemployment Assistance (PUA) program.
What financial aid did the CARES Act provide to self-employed people?
Those who are self-employed or have recently been self-employed don't usually qualify for the same unemployment benefits when their businesses or freelance roles take a hit. But, given that the coronavirus pandemic, and the economic hardships it brought, was such a unique event, the government made some changes through the CARES Act.
The new legislation allowed self-employed workers who would otherwise have been ineligible for unemployment benefits to qualify for these benefits. This was a welcome relief for the self-employed population of the USA.
Can self-employed workers apply for the CARES Act in 2022?
The CARES Act was signed into law on March 27, 2020, so the two-year anniversary is coming up. But, some programs have already ended. That includes the Pandemic Unemployment Assistance (PUA) program, which expired in September of 2021.
While some CARES Act programs are continuing, such as...
Read Full Story:
https://www.marca.com/en/lifestyle/us-news/2022/03/10/6229fb57ca47413b5c8b45e...