Participant Directed Financial Management Organizations

Submitted by superadmin on Thu, 12/29/2022 - 11:46pm
Definition
Organizations that help individuals who receive public funds (or their families) manage and direct the distribution of funds contained in a participant-directed budget; facilitate the employment of staff by performing such employer responsibilities as processing payroll, withholding and filing federal, state and local taxes, and making tax payments to appropriate tax authorities as the participant's agent; perform fiscal accounting; and provide expenditure reports to the participant and/or family and state authorities.
URL Name
DM-6000-6000
Third Level Code
DM-6000
Taxonomy Code
DM-6000.6000
Parent Code
DM-6000
Family Code
D
Second Level Code
DM
Fourth Level Code
DM-6000-6000
Use References
Fiscal Conduits, Fiscal/Employer Agent Services, Fiscal Intermediaries, Fiscal Support Agencies, Government Fiscal/Employer Agent Services, Participant Directed Fiscal Management Services, Vendor Fiscal/Employer Agent Services, Agency With Choice Services
Publication Status
Draft