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News Summary: Lavish IRS conference followed rules

The Associated Press

YOUR TAX DOLLARS AT WORK: An IRS official at the center of the agency's latest scandal said an expensive conference held in 2010 conformed to existing rules, though he acknowledged it was not the best use of taxpayer money.

IRS AUDIT: The official said spending at the $4.1 million gathering should have been more closely scrutinized, and new rules would prevent such a conference today.

IN THE CROSSHAIRS: The IRS faces mounting criticism for spending on employee conferences and for improperly targeting conservative political groups that applied for tax-exempt status during the 2010 and 2012 elections.