Frequently Asked Questions

If work is offered, the accepted written scope identifies the agreed service, contact, and review process. Submitting the contact form does not create an engagement or promise a particular service, response, or outcome.

No. Monaco CPA is a fully virtual practice. If work is accepted, the document-exchange method is identified in the written scope or later written instruction.

Greg reviews written contact-form submissions. Any response, availability, scope, price, and timing are confirmed only in writing; submitting the form creates no engagement and promises no call, consultation, or outcome. Existing clients should follow the document-exchange instructions provided in writing.

Monaco CPA is based in Livingston. Gregory Monaco is a CPA licensed in New Jersey (#20CC04711400), verifiable with the State Board of Accountancy. Services outside New Jersey are accepted where permitted under that state's rules, confirmed before engagement, and every accepted engagement is confirmed in a written scope.

Greg reviews written contact-form submissions. Any response, availability, scope, price, and timing are confirmed only in writing; submitting the form creates no engagement and promises no call, consultation, or outcome.

Ideally, year-round through good record-keeping. If you are starting fresh, January is a useful time to organize documents. Prospective clients should submit the contact form early; work begins only after a written scope is accepted.

Typically: W-2s, 1099s, mortgage interest statements (1098), property tax records, charitable donation receipts, and any other income or deduction documentation. A tailored checklist is provided after the written engagement scope is accepted.

Accepted work is confirmed in a written scope. Gregory Monaco is a CPA licensed in New Jersey (#20CC04711400), verifiable with the State Board of Accountancy. Services outside New Jersey are accepted where permitted under that state's rules, confirmed before engagement.

Amended-return or prior-year filing work may be considered after contact-form intake and is performed only if a written scope is separately accepted. Acceptance depends on the years, jurisdictions, records, deadlines, and procedural posture; no filing, compliance, refund, or agency result is promised.

After separate written acceptance, I may review an ordinary non-examination IRS or state correspondence notice and prepare a client-submission response package. This work is not included with tax preparation. Where authorized in writing, I may contact the agency under a power of attorney. I do not represent clients in examinations, appeals, collections, OIC, or voluntary-disclosure matters.

Ordinary correspondence-notice support may be considered after intake and a written scope. Monaco CPA does not offer in-person office or field-examination appearances; examination representation and potential willfulness require an independent tax-controversy specialist.

It depends on your income level, how you pay yourself, and your growth plans. A thorough analysis of your specific situation drives the recommendation. This is one of the most common and impactful decisions for small business owners.

The Business Alternative Income Tax is an annual election that allows eligible pass-through entities to pay NJ tax at the entity level. The federal and NJ return effect depends on the entity and owner returns, QBI, credits, and costs; no benefit is promised. Any analysis or submission requires an accepted written scope, and the client transmits the election and payment unless that scope expressly assigns submission.

I provide narrow payroll-platform and accounting oversight when included in a written scope. The client or payroll provider remains responsible for payroll processing, employee and tax payments, filings, and new-hire reporting.

Pricing depends on complexity and scope. Any offered scope and price are confirmed only in writing before acceptance; no quote or engagement is promised.

Payment terms, if offered, are confirmed only in writing before acceptance; no payment plan or engagement is promised.

Greg reviews written contact-form submissions; any response, availability, scope, price, and timing are confirmed only in writing, with no engagement/call/consultation/outcome promise.

Website forms are for brief written intake only; do not submit tax documents, account numbers, Social Security numbers, government identifiers, passwords, authentication codes, or other sensitive records there. If work is accepted, use the document-exchange method identified in the written scope or later written instruction. The Privacy Policy describes the relevant provider, legal, engagement, and consent boundaries.

The website does not promise a particular portal configuration, encryption, confidentiality, or retention practice. If work is accepted, document-exchange instructions are provided in writing. No electronic transmission or storage method is guaranteed absolutely secure.