Last week, the United States Senate and House of Representatives unanimously passed the largest stimulus package in the history of the United States. It was immediately signed by President Trump. Let’s unpack the CARES ACT and help you understand what it means to you, as a salon owner and/or technician.

Who is covered?

  • Self-employed
  • Part-time employees
  • Gig workers
  • Anyone unemployed, partially employed or unable to work due to COVID-19 

CARES Relief Act
The $2 trillion package covers amounts based on your previous income. Each state will determine the length of coverage. In addition, self-employed workers could be eligible for an additional weekly amount from the federal government up to $600. The package also offers loans to small businesses through their local banking institution. These loans will become a grant if employees are re-hired or kept on the payroll after a specific amount of time.

In addition, there are some very special circumstances that will allow people to collect these benefits, as they relate to COVID-19, such as:

  • Place of employment is closed
  • Those diagnosed with or caring for COVID-19 patients
  • Those who lost childcare 
  • Those who are advised specifically by their doctor to self-quarantine

If your place of business is still open or you are able to perform your usual work, you will not be covered. It might be noted that a “fear” of catching the virus does not qualify you for benefits. It is imperative that you fall into one of the categories mentioned above and/or circumstances to qualify.

Another major part of the CARES ACT is that stimulus checks will go out to US citizens who make up to an adjusted gross income of $75,000 per year or $150,000 per married couple (based on 2018 or 2019 tax returns). Those checks or auto-deposits will be in the amount of up to $1200 per adult and $500 per child (subject to certain exceptions). It is expected that this payment will be sent out in the next three weeks or so.

If you are still repaying a student loan, all payments of principal and interest are suspended for the time being. There may also be specific relief available to you for home and business mortgage, rent and utility payments during this time. It is suggested that everyone consult with their legal counsel, accountants, and specific banks for more detailed information.

The Hair Society is always committed to helping you in any way we can. Do not hesitate to reach out to We are all navigating challenging circumstances. We continue to stand strong as a community of professionals ready to support your success every day.

Lisa Stewart

Contributing Editor, Lisa Marie Stewart, has 40 plus years of writing, marketing, creative development, Editor-in-Chief, and Creative Director experience. Initially studying journalism and English, and ultimately received a Business Administration and Management B.S. degree with honors.

Ms. Stewart has authored, managed and directed teams at Fortune 500 companies to create corporate policies and procedures, human resource guides, emergency preparedness manuals, technical instructions, articles, newsletters, internal company magazines, retail store transition instruction guides, change orders, year-end financial brochures, website content, social media blogs, and posts.

Additionally, Lisa hosts her own YouTube channel entitled: Living My Best Life