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To: Paul Senior who wrote (42348)4/20/2011 8:18:31 PM
From: voodooist  Read Replies (2) | Respond to of 78513
 
OT: Paul, Form 1116 is on a par with the AMT. Two torture instruments. I've used accountants only twice, and once did an amendment just under three years hence for about 15K refund. So much for accountants.
This year I'm desperate for an accountant who is knowledgeable about casualty losses, and NOL's for individuals. Carry back, carry forward, I'm at a loss. Reduction in home cost basis as a result of casualty. Too many variables Problem is I am in the northeast, and not near Katrina. There was this tornado, and I was at home. It was surreal. Tree filled up a third of my house, totally removing two bedrooms. This was late June 2010.
Any leads to a super savvy accountant in the greater NY metro area, with experience in casualties and NOL's for individuals, would be highly appreciated.
My formerly forested backyard is also being offered as a horror show movie site, holocaust style.
I know this is the wrong thread for this.