Home » TAX CREDITS » TAX RELIEF IN DISASTER SITUATIONS » Tax Relief in Disaster Situations Updated Oct 10, 2008

Tax Relief in Disaster Situations Updated Oct 10, 2008

By Stacie Clifford Kitts, CPA

The following information is published by the Internal Revenue Service:

The Housing and Economic Recovery Act of 2008 offers a new option to homeowners who previously claimed a casualty loss deduction resulting from hurricanes Katrina, Rita and Wilma. See the news release, notice and questions and answers for further details.

The IRS is postponing until Jan. 5, 2009, filing and payment deadlines for Louisiana and Texas taxpayers affected by Hurricane Ike. The agency is continuing to monitor the impact of Ike. Watch this page for updates.
Tax relief is also available to victims of Hurricane Gustav in Louisiana and Mississippi. Certain filing and payment deadlines have been postponed until Jan. 5, 2009.
With an active hurricane season underway, the IRS recommends that taxpayers in vulnerable areas take steps now to protect their tax and financial records. For further information on hurricane recovery, visit the Federal Emergency Management Agency hurricane response page.
Recent Tax Relief
Relief for Victims of Storms and Flooding in Puerto Rico, see News Release
Relief for Victims of Storms and Flooding in Indiana, see News Release
Relief for Victims of Hurricane Ike in Texas and Louisiana
Relief for Hurricane Gustav Victims in Louisiana, see News Release
Relief for Victims of Tropical Storm Fay in Florida, see News Release
Relief for Victims of Hurricane Dolly in Texas, see News Release
Special Relief for qualified recovery assistance property placed in the Kansas disaster area, see Notice 2008-67
Special Help for Greensburg, Kan., Tornado Victims, see News Release

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