If you’ve filed Form 5500 or the EZ version late, or not at all, today is your lucky day. The IRS has created administrative relief from penalties.
If you’re a Form 5500 EZ filer, the IRS has established a 1-year pilot program you may be eligible for. To get more information, see Notice 2014-32.
For more information on the administrative relief, see Notice 2014-35.