Taxing troubles.

• Position: North Carolina's electronic funds transfer systems collects four time the correct amounts - Brief Article

Taxpayers in North Carolina got a bit of a shock after a new electronic payments system withdrew up to four times the correct amounts of withholding taxes from their checking accounts. More than 350 tax-payers who arranged for the state to automatically draft their withholding taxes from their bank checking accounts were hit by 1,300 surprise withdrawals this summer. The state revenue secretary...