How the CARES Act Affects Massage Therapists: Individual Payments, Unemployment Benefits and SBA Loans to Battle the Coronavirus Crisis
Congress worked fervently last week to complete the CARES Act. This $2-trillion, bipartisan deal, short for the Coronavirus Aid, Relief, and Economic Securities Act, includes cash payments to individuals, expanded unemployment benefits, and Small Business Administration Disaster Loans. If your massage therapy career is facing a major hurdle in the form of COVID-19, financial relief may be on the horizon. Let’s analyze how massage therapists can access the CARES Act’s resources.
Individual Cash Transfers
The CARES Act includes direct payments to individuals, to be distributed in the next couple of weeks. Eligible families will generally receive $1,200 per adult and $500 per child. […]