Kutchins, Robbins & Diamond LTD.

Certified Public Accountants

847-240-1040

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Alternative Minimum Tax (AMT): What You Need to Know

The alternative minimum tax was originally enacted to ensure that high-income taxpayers pay at least a minimum amount of tax if they benefit from certain deductions and other tax preference items....

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KRD Named as One of the 2019 Best Places to Work in Illinois!

Kutchins, Robbins & Diamond Ltd. (KRD) was recently named as one of the 2019 Best Places to Work in Illinois. The awards program began in 2006 and is promoted by The Daily Herald Business Ledger in...

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Working With Contractors in QuickBooks Online

It’s a gig economy. QuickBooks Online makes it easy to track and pay independent contractors.   In days past we used to call it “moonlighting” – taking on a second, part-time job for extra money. And...

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Receive Payments the Right Way in QuickBooks: Your Options

How you record a customer payment in QuickBooks depends on why and how you received it.   One of the reasons we like QuickBooks is because it uses language and processes that are familiar to small...

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Education Tax Benefits

If you pay tuition, fees, and other costs for attendance at an eligible educational institution for yourself, your spouse, or your dependent, you may be able to take advantage of one or more of the...

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