Apr 8, 2020
Need to Know: COVID-19 Unemployment Benefits for the Self-Employed
For decades, the traditional mantra was that self-employed individuals could not receive unemployment benefits. For sole-proprietors and partners, the traditional reasoning was that they are not employees and therefore their ‘employers’ do not pay into the unemployment system on their behalf. However, even S-corporate shareholder-officers whose S-corporate employers do contribute to the system on their…