"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…"
"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 that includes…"
"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. He…"
"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. He answers quickly, breaks things down in a way that's…"
"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. He takes the time to explain…"
Reviews reflect individual experiences and do not guarantee similar outcomes. Tax savings and other results depend on each person's facts and are not typical of all engagements. No reviewer was compensated for providing a review.
Newark is New Jersey's largest city and a hub for entrepreneurship, small business, and professional services. Monaco CPA provides tax preparation and accounting for Newark-area residents, sole proprietors, LLCs, and small businesses.
As a virtual CPA practice, Monaco CPA serves Newark clients throughout Essex County, from individual W-2 filers to small business owners managing payroll, bookkeeping, and annual tax returns.
Whether you are a Newark entrepreneur filing your first business return, a freelancer managing self-employment taxes, or a professional navigating NJ/NY commuter tax rules, Monaco CPA provides the focused knowledge and CPA credentials your situation requires.
Newark's economy includes a growing tech and startup community, logistics and transportation businesses, healthcare providers, and a large population of self-employed professionals and gig workers who face complex self-employment tax obligations. Monaco CPA works with construction companies, manufacturers, and restaurants throughout the Newark area.
Many Newark residents work in New York City and face dual-state filing: a New York nonresident return for NY-source wages plus a NJ resident return, with a NJ credit for qualifying tax paid to New York. New York City's personal income tax generally applies to NYC residents, not NJ commuters - but proper filing is essential to avoid double taxation.
Newark's Opportunity Zone designations still matter for real estate investors and startup founders with realized capital gains - but the rules have shifted. Under the legacy Qualified Opportunity Zone rules, previously deferred gain is generally recognized no later than December 31, 2026, and a new 2026 investment cannot earn the former five- or seven-year basis step-ups. Separate long-term treatment may still apply to qualifying post-investment appreciation if the statutory holding-period and disposition requirements are met, so evaluate current law before investing.
Newark's logistics, construction, and restaurant employers depend on flexible labor, and that's exactly the hiring pattern NJ's worker-classification rules scrutinize most. I build the classification review into payroll services so the question is answered before the state asks it.
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 1–2 business days.
Monaco CPA provides services throughout Newark 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.
"Filing my taxes is usually no big deal, but 2025 was a major hassle due to the new crypto filing regulations, and specifically because exchanges like Coinbase weren't reporting cost basis. My own CPA wasn't crypto-knowledgeable and couldn't help me pull reports from Coinbase and Genesis. I spent hours researching crypto-knowledgeable CPAs and spoke with half a dozen firms - quotes ranged from $2K to $6K to reconcile my crypto sales and file my return, plus $400 to $600 an hour for anything extra. Then I found Monaco CPA. I left Greg a voicemail and he returned my call the same day, answered all my questions, and quoted me way less than anyone else. He got everything done - crypto reporting and taxes filed - within two weeks. Super satisfied, and I'll be using Monaco CPA for my 2026 return. Highly recommended!"
Doug D.
"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.
"Rated Monaco CPA 5 stars on Google."
Bhupendra S.
These reviews reflect individual experiences and do not guarantee similar outcomes. Results vary based on each person's specific facts and circumstances. No reviewer was compensated for providing a review. Tax savings and outcomes depend on individual tax situations and are not typical of all engagements.
Start with the contact form. Greg will review your tax, accounting, or bookkeeping needs and reply with a clear next step.
Tax advice disclaimer: This material is for general educational information only and is not legal, tax, or accounting advice for your specific facts. A CPA-client relationship is formed only through a signed engagement letter.
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.