On the one hand:

• Notice 2005-82, 2005-47 I.R.B. 1: IRS Extends Tax Relief for Hurricane Rita Victims
• Notice 2005-81, 2005-47 IRB 1: IRS Revises Tax Relief for Hurricane Katrina Victims

On the other hand:  LTR 200544022 (Aug. 10, 2005):  The IRS refused to waive the 60-day limit for a tax-free IRA rollover requested by a taxpayer who lived in an area that received relief from federal tax deadlines after hurricanes that swept Florida in 2004. The taxpayer took an IRA distribution to facilitate the purchase of a new home. Although he anticipated that a home equity loan secured by the new house would permit him to repay the IRA withdrawal within 60 days, hurricane damage to the new home delayed the closing of the home equity loan until April 2005, after the expiration of the extended deadline provided for the disaster area. The taxpayer claimed that enforcement of the 60-day deadline on these facts would be "a hardship and against equity or good conscience." The IRS refused to grant discretionary relief because the taxpayer used the IRA withdrawal as a short-term loan.