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"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 proactive and dedicated he is."
"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."
"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."
"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."
"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."
Monaco CPA is a virtual CPA practice located just 13 minutes from Cedar Grove in Livingston, New Jersey, providing personal tax preparation, retirement income planning, small business accounting, and bookkeeping services to individuals and businesses throughout Cedar Grove and Essex County.
Monaco CPA is a virtual CPA practice located just 13 minutes from Cedar Grove in Livingston, New Jersey, providing personal tax preparation, retirement income planning, small business accounting, and bookkeeping services to individuals and businesses throughout Cedar Grove and Essex County.
Founded by Greg Monaco, CPA, the practice provides the kind of one-on-one attention that makes a real difference, especially for Cedar Grove's large retiree population navigating NJ property tax relief programs, retirement distribution strategies, and exit tax planning.
The fully virtual model means Cedar Grove residents get expert CPA support without leaving home. All consultations are conducted via video call or phone, and documents are exchanged securely through an encrypted client portal.
Cedar Grove is a stable, affluent township of roughly 13,800 residents where one-quarter of the population is 65 or older. That age profile creates a concentration of tax planning needs that differ from younger neighboring communities. Retirement distribution timing, the NJ pension exclusion (up to $100,000 for joint filers 62 and older with income under $150,000), Social Security exemptions, and required minimum distribution strategies are all critical planning levers. Monaco CPA helps Cedar Grove retirees optimize these moving parts to keep more of their retirement income.
For long-time Cedar Grove homeowners considering a move to Florida or another tax-free state, the NJ exit tax is a major planning issue. With median home prices near $740,000 and many residents having purchased decades ago at a fraction of current values, the capital gain on sale can be substantial. Monaco CPA helps relocating homeowners maximize cost basis through documented improvements, time the sale to minimize withholding, and coordinate the federal primary residence exclusion with NJ filing requirements.
Cedar Grove's Pompton Avenue commercial corridor supports restaurants, professional offices, and service businesses. The township's 11.4% self-employment rate is well above average, and business owners along this corridor face NJ entity structuring decisions, BAIT election analysis, and ongoing bookkeeping and payroll compliance needs. Monaco CPA also works with medical practices and law firms in the Cedar Grove area.
New Jersey is one of only five states that still imposes a separate inheritance tax. For Cedar Grove's significant retiree population with accumulated home equity and retirement assets, this creates distinct estate planning considerations, particularly for assets passing to siblings, in-laws, nieces, nephews, or unmarried partners. Monaco CPA helps families understand these NJ-specific rules and coordinate with their estate attorneys on tax-efficient transfer strategies.
Your CPA knows your name and your situation.
Livingston-based virtual CPA licensed in New Jersey, serving clients statewide.
Secure portal, video consultations, and e-filing from anywhere.
All inquiries answered within one business day.
Monaco CPA provides services throughout Cedar Grove and Essex County, NJ, including:
Accurate, stress-free tax returns for W-2 earners, freelancers, and self-employed individuals.
Year-round strategies to help reduce your tax liability legally.
Returns and compliance for S-Corps, LLCs, partnerships, and sole proprietorships.
Monthly bookkeeping, QuickBooks Online setup, and financial reporting.
QuickBooks Online setup, cleanup, training, and ongoing support from a Gold Certified ProAdvisor.
Payroll processing, tax filings, and compliance for NJ businesses.
"Great service and really efficient. The virtual process was straightforward and saved me a ton of time."
Eric R.
"Greg was very professional in helping me with my taxes. He broke it down and explained all the details. He was very easy to communicate with. I am all set for this year and I will be returning next year for the same service. His tax planning and strategies helped me save money."
Brandon B.
"Greg took the time to listen to my concerns and answer my tax related questions and put my mind at ease. I would definitely recommend to others."
Mike D.
These testimonials reflect individual client experiences and do not guarantee similar outcomes. Results vary based on each client's specific facts and circumstances. No client was compensated for providing a review. Tax savings and outcomes depend on individual tax situations and are not typical of all client experiences.
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IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, I inform you that any U.S. federal tax advice contained herein is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Monaco CPA is licensed by the New Jersey State Board of Accountancy (Firm License #20CB00789800). Services are provided remotely to clients nationwide. Monaco CPA does not maintain physical offices outside New Jersey and does not hold CPA firm permits in other states.