The CARES Act began two years ago at the start of the COVID-19 pandemic to provide financial relief to American people.
It was signed into law in March of 2020 by President Trump.
The financial relief for was many different people, including self employed Americans.
Other programs were available to self employed individuals.
This includes the Self Employment Assistance program and the Pandemic Unemployment Assistance program.
CARES Act explained
Anyone self employed normally won’t qualify for assistance that other unemployed individuals will.
Due to the pandemic and the financial hits everyone suffered, exceptions were made for people like that with the CARES Act.
This made it so those who freelance or own businesses could get the same help as everyone else.
Will the CARES Act be available in 2022?
This Act was signed into law in late March of 2020 and it will have been two years in a few weeks.
Many programs that provided relief to unemployed self employed workers have ended.
Other programs under the CARES Act are still happening, like support for students.
While there may be minimal support left for self employed workers, much of it has ended.