"Greg was very easy to work with. I had a complicated scenario that he was able to manage, with complete confidence. I would highly recommend using him."
"I've had a great experience working with Greg Monaco. He is incredibly detail-oriented and thorough, making sure everything is handled correctly and fully compliant. What really stood out to me is how…"
"Monaco CPA is excellent to work with! Greg is detail-oriented, knowledgeable, and prompt. He's been instrumental in helping me get my business off the ground with a strong financial foundation that includes…"
"If you need a CPA or accountant in Livingston or Essex County, I highly recommend Greg at Monaco CPA. My wife and I switched because my old accountant often didn't return my calls. Greg is different. He…"
"I've been working with Greg Monaco, CPA for a few years now, and he's honestly saved me real money with both personal tax help and crypto tax stuff. He answers quickly, breaks things down in a way that's…"
"I've been working with Gregory Monaco CPA LLC for my taxes, and I couldn't be happier with the experience. Extremely professional, thorough, and organized from start to finish. He takes the time to explain…"
Reviews reflect individual experiences and do not guarantee similar outcomes. Tax savings and other results depend on each person's facts and are not typical of all engagements. No reviewer was compensated for providing a review.
Comparison Guides
Side-by-side guides with NJ-specific analysis, real dollar examples, and clear decision frameworks, so you can choose what's right for your situation.
Guide Set 01
Which tax professional is right for you? Compare CPAs, tax software, franchise preparers, and more.
Educational comparison of tax software and professional review for NJ returns. Complexity may change the appropriate workflow, but Monaco CPA does not promise savings or fee breakeven.
Read comparison →Educational comparison of franchise-office and CPA engagement scopes, credentials, continuity, and selected NJ complexity; no provider or result is categorically superior.
Read comparison →A CPA passed the four-section CPA Exam (3 core + 1 discipline) and holds a state license. An EA passed an IRS exam. A tax preparer may hold no credential at all. Here's what each can and cannot do for your NJ taxes.
Read comparison →The average NJ filer spends 13 hours on a moderately complex DIY return. Factor in missed deductions, NJ non-conformity errors, and audit risk - and the 'free' return costs more than a CPA.
Read comparison →Compare firm structure, staffing, communication, and written scope without assuming a fixed fee, response time, expertise ranking, or tax outcome.
Read comparison →Educational comparison of virtual and office-based delivery, licensing, security controls, and written scope. No fee, security, response-time, or service-quality advantage is promised.
Read comparison →Guide Set 02
NJ-specific analysis of business structures, BAIT elections, and worker classification.
A default single-member NJ LLC reports Schedule C profit, which enters the Schedule SE computation. An S-Corp uses reasonable salary and residual profit, but only a full federal-and-NJ model can establish net savings.
Read comparison →A three-way comparison of sole proprietorship, LLC, and S-Corp structures for NJ business owners, with exact payroll-tax mechanics at four profit levels and the factors a full model still must include.
Read comparison →The OBBBA raised the SALT cap to $40,000 for 2025 ($40,400 for 2026, indexed through 2029). The NJ BAIT election bypasses the SALT cap entirely. For many NJ pass-through business owners, BAIT still saves more - but the math changed. Here's the updated analysis with dollar examples.
Read comparison →New Jersey's ABC test is stricter than the federal standard. Misclassification can trigger up to $250 per worker for a first violation, $1,000 for subsequent violations, up to 5% of 12-month gross earnings, and other liabilities.
Read comparison →Education-only comparison of federal and NJ depreciation treatment. Monaco CPA does not provide real-estate accounting or cost-segregation coordination; results require property-specific engineering and tax work.
Read comparison →New Jersey does not allow a deduction for traditional IRA contributions. This education-only article explains federal and NJ return treatment; Monaco CPA does not recommend, select, establish, administer, or manage an IRA.
Read comparison →Guide Set 03
Compare bookkeeping approaches and accounting platforms with NJ payroll and sales tax considerations.
I'm certified in both QuickBooks and FreshBooks. Here's an honest, side-by-side comparison to help NJ small business owners pick the right platform without wasting money.
Read comparison →QuickBooks has a large US ProAdvisor ecosystem; Xero costs less and offers unlimited users. Here's how each handles NJ sales tax, payroll, and CPA collaboration.
Read comparison →Educational comparison of selected in-house employment costs and outsourced bookkeeping scopes. Market figures are illustrations, not a promised cost reduction or staffing recommendation.
Read comparison →Educational comparison of DIY and professional bookkeeping time, controls, records, and written scope. No missed deduction, extra fee, or cost advantage is presumed.
Read comparison →Guide Set 04
Navigate crypto tax software limitations, 1099-DA reconciliation, and when you need a CPA.
Neutral comparison of published crypto-tax software features, Form 1099-DA workflows, and record limitations. No product, accuracy, or investment recommendation.
Read comparison →Educational comparison of consumer crypto-tax software and professional reconciliation for transaction, DeFi, transfer, and Form 1099-DA records; no provider or result is guaranteed.
Read comparison →Crypto tax software can handle simple buy-hold-sell transactions well. But DeFi, staking rewards, multi-wallet reconciliation, and Form 1099-DA complexities require a CPA who understands both the code and the tax law.
Read comparison →Need a Personal Answer?
New clients: use the contact form. Include the options you are weighing. Any response, availability, scope, price, timing, or next step is confirmed only in writing; submission promises no response, call, consultation, engagement, or outcome.