The State - News from Oct. 2, 1989
Hundreds of independent employees who worked for Wells Fargo Co. two years ago were stunned to learn of a computer error that multiplied their earnings by 100 before passing on the information to the Internal Revenue Service. The IRS, eager to collect Uncle Sam’s share, has written to the taxpayers, demanding an explanation for the discrepancies between the Wells Fargo reports and the recipients’ 1987 tax returns. “I was panicked. They moved the decimal point two places to the right,” real estate appraiser Harold M. Samuelson told the Salinas Californian.
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