Hurricane Irene has been declared a disaster in numerous counties across the country.  In NC, Beaufort, Carteret, Craven, Dare, Halifax, Hyde, Lenoir, Pamlico, and Tyrrell have been declared federal disaster areas. As a result, individuals who reside or have a business in these counties may qualify for tax relief.  Specifically, the relief could tie into current tax obligations.  For example, deadlines for extended returns for businesses and/or individuals could be given more time.  For more details, contact your Wilmington tax accountant or CPA.

The IRS details are here: http://www.irs.gov/newsroom/article/0,,id=245002,00.html