Frequently Asked Questions

Greg is the sole practitioner and remains responsible for every engagement, including reviewing, approving, and signing all client-facing work. 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; 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. Monaco CPA does not offer in-person office or field-examination appearances; examination representation and potential willfulness matters are considered case by case under a separate written engagement and may be referred to an independent tax-controversy specialist.

An LLC is a state-law entity form; S-Corp is a federal tax classification available to an eligible existing entity through an election. Formation, governance, and liability questions belong to qualified counsel. After an entity exists, Monaco CPA may analyze post-formation federal and NJ tax classification under an accepted written scope using the complete returns, owner services and supportable reasonable compensation, payroll taxes, QBI, benefits, and compliance costs. This page does not recommend a form or election, and no savings or outcome is promised.

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. 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.