Frequently Asked Questions

You work with me directly. I am the sole practitioner, responsible for every engagement, and I review, approve, and sign all client-facing work. If we work together, the written scope names the agreed service, contact, and review process.

No. Monaco CPA is a fully virtual practice.

I read each inquiry myself and do my best to reply within a week. If we work together, the scope, price and timing are agreed in writing before work starts. Existing clients should follow the document-exchange instructions provided in writing.

Monaco CPA is based in Livingston. I am a CPA licensed in New Jersey (#20CC04711400), and you can verify my license with the State Board of Accountancy. I accept work outside New Jersey where that state's rules permit it, and I confirm this before any engagement.

Use the contact form to tell me what you need, and do not send tax documents or sensitive identifiers through it. I read each inquiry myself and do my best to reply within a week. If we work together, the scope, price and timing are agreed in writing before work starts.

Ideally, year-round, through good record-keeping. If you are starting fresh, January is a useful time to organize documents. If you are a new client, reach out early through the contact form.

Typically: W-2s, 1099s, mortgage interest statements (1098), property tax records, charitable donation receipts, and any other income or deduction documentation. If we work together, I send a tailored checklist.

Multi-state income-tax return components (for example, an NJ resident return with a NY nonresident return and the NJ-COJ credit) can be included in the engagement. I am a CPA licensed in New Jersey (#20CC04711400), verifiable with the State Board of Accountancy, and I accept work outside New Jersey where that state's rules permit it, confirming this before any engagement.

I may take on amended-return or prior-year filing work as its own engagement. Whether I can take it on depends on the years, jurisdictions, records, deadlines, and where the matter stands with the tax agency.

After separate written acceptance, I may review an ordinary non-examination IRS or state correspondence notice and prepare a client-submission response package; the client submits it. This work is not included with tax preparation. Where authorized in writing, I may contact the agency under a power of attorney. Examinations, appeals, collections, OIC, and voluntary-disclosure matters are considered case by case under a separate written engagement and may be referred to an independent tax-controversy specialist.

Ordinary correspondence-notice support may be considered after intake and a written scope. Examination representation, including any in-person appearance, and potential willfulness matters are considered case by case under a separate written engagement and may be referred to an independent tax-controversy specialist.

They are not either-or: an LLC is the legal entity, and an S-Corp election is a tax choice an eligible LLC can make. The election can lower self-employment tax once profit is well above a reasonable salary, but it adds payroll, a separate business return and New Jersey filing costs. The S-Corp calculator shows the main pieces, and I can look at your numbers with you. Questions about forming the entity itself belong with an attorney.

The Pass-Through 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. Unless separately accepted in writing, the client or payroll provider remains responsible for payroll processing, employee and tax payments, filings, and new-hire reporting; payroll operation is considered case by case under a separate written engagement.

Pricing depends on complexity and scope. If we work together, the scope and price are confirmed in writing before work starts.

Payment terms, if offered, are confirmed in writing before you accept.

No. If I offer a written scope, you decide whether to accept it.

Website forms are only for a short written note about what you need. Please do not send tax documents, account numbers, Social Security numbers, government identifiers, passwords, authentication codes, or other sensitive records through them. If we work together, the written scope or a later written instruction tells you how to send documents. The Privacy Policy describes the relevant provider, legal, engagement, and consent boundaries.

Please don't send documents by email or through this website's form. After we agree to work together, I invite you to my TaxDome client portal and you upload documents there. No online system is risk-free, so keep Social Security numbers and account numbers out of email.