A SPECIAL REPORT: TAXES

DISASTER RELIEF: Here’s a little bit of good news about the February floods: They’re a tax break. . . . Affected Orange County residents, who suffered nearly $10 million in damage from last month’s floods, normally could not deduct losses until next year. But when President Bush declared the Southland a disaster area, it opened the tax floodgates. . . . Now they can claim losses on this year’s return.