In the immediate case, the IRS argued, the distribution and contribution were devoid of any economic reality and did not alter the economic positions of the parties.

FORBES: The Top Ten Tax Cases Of 2012, #5: S Corporation Shareholders Get A Mulligan For Sloppy Tax Planning

In a departure from previous holdings, the Tax Court disagreed with the IRS, holding that the distribution and contribution of the debt created actual economic consequences to the parties.

FORBES: The Top Ten Tax Cases Of 2012, #5: S Corporation Shareholders Get A Mulligan For Sloppy Tax Planning

It also affects decision making, work distribution, motivation, contribution, influence, and other factors that directly relate to leadership, collaboration and management.

FORBES: Four Elementary Forms of Sociality Impacting Trust and Relationships

Changes to retirement savings, whether they take the form of a distribution from or a contribution to an account, require coordinated planning with other accounts.

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The size of the contribution to each charity is determined by vote distribution.

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Frequent reasons the IRS notices are not correct is that the IRA distribution is not taxable because it is an indirect rollover, a recharacterized Roth conversion, a previously taxed excess contribution or deferral, or even a correctly reported Qualified Charitable Distribution or one to a Public Safety Officer.

FORBES: IRS Notices & Letters: It's Stop the Machine Time Again