Harvard Tax Mistake Is Expensive for Its Employees

Incorrect tax reporting by Harvard University -- suggesting that employees earned millions more than they really did -- has cost those employees considerable sums in overpaid taxes, The Boston Globe reported. Harvard acknowledged the errors on Friday and said that it would either reimburse employees or help them file amended tax returns to receive refunds. But the university acted only after two law professors circulated a letter saying that earlier communication from Harvard has been "misleading as to both the scope of the problem and the university’s responsibility to make some 11,000 employees whole for a monumental mistake by the central administration."