Vazquez, Sergio

Period 3

Weekly Vocabulary Response

Lesson 22: Words Relating to Being Careful

1. Chary 2. Heedful 3. Circumspect 4. Meticulous 5. Conscientious 6. Scrupulous 7. Exacting

8. Vigilant 9. Gingerly 10. Wary

The IRS

Tax season has arrived and for many low-income families it means the biggest paycheck

of the year while for the IRS it means the season of being vigilant8 and headaches. Earlier in the

week, the IRS released a statement dictating that tax refunds for more than 40 million families

might be delayed this year as they are trying to be heedful2 and prevent fraud and even identity

theft. This news is somewhat not new as in the past the IRS is notorious for being exacting7 and

delaying tax refunds as well. The reason they gingerly9 review each case is because last year

alone, tens of thousands of taxpayers were targeted by these thieves, and many of them never

even noticed. At least 70 organizations were victimized last tax season and this year they do not

plan to slow down which is why everyone , not only the IRS, has a reason to be conscientious5

and not hand their private information to the wrong hands. It is believed that these chary1 crooks

are most interested in W-2 forms and their data. Many victims claim someone pretending to be

their boss or employer requested their payroll or tax records via email and soon afterwards

received the horrible news that they had been part of a fraud.

The IRS states that their scrupulous6 methods helped prevent almost $47 billion in

fraudulent payments. Despite being circumspect3; however, thieves were still able to run away

with almost $8.9 billion in 2013-2014 alone,but this year they hope to lower that number down
by a large margin. In being meticulous4 and delaying tax returns, many families are forced to

work around this and delay their bills as well which can have many negative long term effects

for them and the economy. Despite the pros and cons, the IRS promises to work in an efficient

and wary10 manner and assure that most refunds should not take more than 21 days.

Source:

http://www.csoonline.com/article/3160129/security/irs-to-delay-tax-refunds-as-a-security-precau

tion.html