The Internal Revenue Service is providing tax relief to flood-ravaged victims of Hurricane Gustav in the affected areas of Louisiana by postponing some tax-filing deadlines.

The IRS is postponing until Jan. 5, 2009, the deadlines for taxpayers who reside or have a business in the disaster area. The postponement applies to return filing, tax payment and other time-sensitive acts otherwise due between Sept. 1, 2008, and Jan. 5, 2009. This includes individual estimated tax payments due Sept. 15, 2008; corporate extended 1120 tax returns due Sept. 15, 2008; and individual extended 1040 tax returns due Oct. 15, 2008.

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