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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 serving Englewood, New Jersey, providing personal tax preparation, small business accounting, and bookkeeping services to individuals and businesses throughout Bergen County and beyond. Englewood's unique position as one of Bergen County's most diverse communities, home to a $1.19 billion health system and situated just 3 to 4 miles from the George Washington Bridge, creates a resident base with wide-ranging and sophisticated tax needs.
Monaco CPA is a virtual CPA practice serving Englewood, New Jersey, providing personal tax preparation, small business accounting, and bookkeeping services to individuals and businesses throughout Bergen County and beyond. Englewood's unique position as one of Bergen County's most diverse communities, home to a $1.19 billion health system and situated just 3 to 4 miles from the George Washington Bridge, creates a resident base with wide-ranging and sophisticated tax needs.
Founded by Greg Monaco, CPA, the practice is built on a simple idea: you deserve the same level of attention and care that large corporations receive from their accounting firms. Whether you are a physician at Englewood Health, a NYC commuter crossing the GW Bridge, or a small business owner in the Palisade Avenue business district, Monaco CPA can help.
As a New Jersey CPA experienced with Bergen County's punishing property tax environment and multi-state commuter taxation, Monaco CPA brings focused expertise to a fully virtual practice. All consultations are conducted via video call or phone, and documents are exchanged securely through an encrypted client portal. No need to navigate Englewood's downtown parking.
Englewood residents face some of the highest property taxes in the nation, with average bills reaching $14,476 and top-quartile homeowners paying over $27,500 annually. Bergen County's effective property tax rate of 2.73% is nearly triple the national median. Combined with NJ state income tax rates reaching 10.75%, the typical Englewood homeowner generates $18,000 to $20,000 in combined SALT. The 2025 increase of the SALT cap to $40,000 provides meaningful but temporary relief through 2029, and the benefit phases out for modified adjusted gross income above $500,000. Planning for the 2030 reversion to $10,000 should begin now.
Englewood's proximity to the George Washington Bridge makes it a natural NYC commuter community, with NJ Transit Route 166 reaching the Port Authority Bus Terminal in under an hour. Because NJ and NY have no reciprocal tax agreement, commuters must file in both states and carefully manage credits between jurisdictions. NJ residents are exempt from NYC income tax, a major advantage, but New York's convenience of the employer rule can still tax remote work days for hybrid workers. Monaco CPA serves medical practices, law firms, and real estate professionals across Bergen County who need multi-state filing expertise.
Englewood Health is the city's economic engine, employing over 4,500 people with 1,300 physicians on staff. The pending $500 million merger with RWJBarnabas Health will reshape employment structures and benefits across the system. Healthcare professionals at the hospital often juggle W-2 employment with 1099 consulting or locum tenens income, multi-state licensing, and complex retirement plan contributions. Monaco CPA understands these overlapping tax obligations and helps medical professionals optimize their overall tax position.
With 15.2% of Englewood workers being self-employed and 1,198 business establishments operating in the city, there is strong demand for small business accounting and bookkeeping. The downtown Special Improvement District along Palisade Avenue supports a cosmopolitan mix of restaurants, retail, and professional services. Over 36% of Englewood residents are foreign-born, creating additional needs for FBAR and FATCA compliance, foreign tax credits, and treaty benefit analysis.
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 Englewood and Bergen 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.