8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 24, 2005

COMMISSION FILE NO. 033-13437

DEL TACO INCOME PROPERTIES IV

(A California limited partnership)
(Exact name of registrant as specified in its charter)

CALIFORNIA
(State or other jurisdiction of incorporation or
organization) 33-0241855
(I.R.S. Employer
Identification Number)

25521 COMMERCENTRE DRIVE
LAKE FOREST, CALIFORNIA
(Address of principal executive offices)  
92630
(Zip Code)

Registrant’s telephone number, including area code: (949) 462-9300

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 4.01 Changes in Registrant’s Certifying Accountant
	Item 9.01 Financial Statements and Exhibits
SIGNATURE
EXHIBIT INDEX
EXHIBIT 16.1

Item 4.01 Changes in Registrant’s Certifying Accountant

(a) Previous independent registered public accountants

(i)	On October 24, 2005, the Director and Executive Officers of the General Partner of Del Taco Income Properties IV (the “Partnership”), approved the dismissal of KPMG LLP (“KPMG”) as the Partnership’s independent registered public accounting firm effective as of October 24, 2005. This action followed the decision by the General Partner of the Partnership on October 24, 2005, to accept the Director and Executive Officer’s recommendation to change the Partnership’s independent registered public accountants for the Partnership’s fiscal year ending December 31, 2005.
(ii)	The reports of KPMG on the Partnership’s financial statements for the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
(iii)	In connection with its audits for the two fiscal years ended December 31, 2004 and the subsequent interim period through October 24, 2005, there were (1) no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of KPMG, would have caused them to make reference in connection with their opinion to the subject matter of the disagreements, and (2) no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)).

(b) New independent registered public accountants

(i)

Effective as of October 24, 2005, the Partnership engaged Squar, Milner, Reehl & Williamson, LLP (“Squar Milner”) as its new independent registered public accountants. The decision to engage Squar Milner was made and approved by the General Partner of the Partnership.

(ii)

During the two most recent fiscal years and through October 24, 2005, the Partnership has not consulted with Squar Milner regarding either: (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Partnership’s financial statements; or (ii) any matter that was either subject of a disagreement, as that term is defined in Item 304 (a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K, or a reportable event, as that term is described in Item 304 (a)(1)(v) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits:

     16.1 KPMG letter dated October 27, 2005.

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Partnership has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

DEL TACO INCOME PROPERTIES IV
a California limited partnership


Del Taco, Inc.
General Partner
 

Date: October 27, 2005

/s/ ROBERT J. TERRANO

Robert J. Terrano
Executive Vice President and
Chief Financial Officer
 

EXHIBIT INDEX

Exhibit	Description
16.1	KPMG letter dated October 27, 2005.

EX-16.1

EXHIBIT 16.1

October 27, 2005

Securities and Exchange Commission
Washington, D.C. 20549

Ladies and Gentlemen:

We were previously principal accountants for Del Taco Income Properties IV (the Partnership) and, under the date of March 4, 2005 we reported on the financial statements of Del Taco Income Properties IV as of and for the years ended December 31, 2004 and 2003. On October 24, 2005, our appointment as principal accountants was terminated. We have read Del Taco Income Properties IV statements included under Item 4.01 of its Form 8-K dated October 24, 2005, and we agree with such statements, except that we are not in a position to agree or disagree with the Partnership’s statement that the change was recommended by the Director and Executive Officers in Item 4.01(a)(i) and we are not in a position to agree or disagree with the Partnership’s statements in Item 4.01(b).

Very truly yours,

/s/ KPMG LLP