Bill from IRS for 2004 5500

[Young Curmudgeon]

We have a client that received a bill from the IRS for $18,000+ stating

"we made changes to your December 31, 2004 Form 5500. As a result, your amount due is $18,000. This wasn't an audit. Your return may be examined in the future. Please keep this notice and your other important documents in a secure place"

SInce when do 5500 changes generate a bill? What is this? Anyone seen this previously?

[A Shot in the Dark]

My guess is, the IRS is stating your client did not file the 5500 for 2004.

Hopefully, your client has records showing they filed the return.

The letter format you received seems to be the replacement for the old failure to file letter.