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The Financial Institution
Data Match (FILM) Act:
Compliance for CU×BASE Credit UnionsINTRODUCTION
What is the Financial Institution Data Match Act?
It is related to the Federal Personal Responsibility
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Who needs data match fidm act?
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Individuals or entities who are required by law or regulation to comply with the data match FIDM act need it. This may include employers, government agencies, or organizations that handle personal or sensitive information and are subject to data matching requirements.
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What is data match fidm act?
The data match fidm act is a program that compares employer-provided wage and tax information with state child support agency records to locate parents who are delinquent in their child support payments.
Who is required to file data match fidm act?
Employers are required to file data match fidm act if they meet certain criteria set by the state child support agency.
How to fill out data match fidm act?
Employers can fill out data match fidm act by providing accurate wage and tax information for their employees to the state child support agency.
What is the purpose of data match fidm act?
The purpose of data match fidm act is to help locate parents who are delinquent in their child support payments and to ensure that children receive the financial support they are entitled to.
What information must be reported on data match fidm act?
Employers must report employee wage and tax information to the state child support agency for comparison with child support records.
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