"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.
Monaco CPA is a virtual CPA practice serving clients in Ridgewood and Bergen County with personal tax preparation, small business accounting, and bookkeeping.
Greg Monaco, CPA, structured the practice for clients who expect professional-grade work because they deliver it in their own careers: Ridgewood's finance, law, and healthcare professionals get direct access to the CPA responsible for their file.
As a New Jersey CPA focused on the state's complex tax code, Monaco CPA combines local knowledge with the convenience of a fully virtual practice. New-client intake begins with the contact form and a written scope review; submitting it does not promise a consultation or call. Documents are exchanged securely through an encrypted client portal.
Ridgewood's median household income of $217,250 is more than double the statewide figure, and over 80% of adults hold a bachelor's degree or higher. The village's financial profile is dominated by Wall Street professionals, corporate executives, BigLaw attorneys, and healthcare specialists, nearly all of whom face layered tax complexity. Average property tax bills of $20,375 already exceed the former $10,000 SALT cap before a single dollar of state income tax is counted. For business owners with S-Corps, partnerships, or LLCs, the NJ BAIT election can change entity and owner federal/NJ calculations; any benefit is fact-specific and no dollar result is promised.
Ridgewood is one of Bergen County's premier commuter towns, with NJ Transit rail service from the historic 1916 station and express bus routes reaching Midtown Manhattan in as little as 30 minutes. Roughly 18% of residents commute by rail, and a significant share travel by bus. This heavy NYC commuting pattern creates dual-state filing obligations that require careful management. New York's convenience of the employer rule taxes work-from-home days as NY income for most hybrid workers, and proper workday allocation is critical for residents with RSU vestings, bonus payouts, and deferred compensation that must be sourced between states.
New Jersey taxes all capital gains as ordinary income at rates up to 10.75%, with no preferential long-term rate and no capital loss carryforwards. For Ridgewood's concentration of finance professionals and investors, the combined federal and NJ rate on long-term gains can reach 34.55%. NJ generally provides no capital-loss carryforward, so realized gains and losses must be reported under the applicable same-year rules. Monaco CPA does not monitor holdings or provide loss-harvesting or investment strategy; the same reporting mechanics can apply to digital-asset dispositions.
An accepted written scope may cover federal and state return reporting and fact-specific BAIT or estimated-payment calculations. Real-estate sales and NJ GIT/REP topics on this page are education only; Monaco CPA does not provide real-estate accounting or promise a withholding, credit, refund, or tax result.
Your CPA knows your name and your situation.
Livingston-based virtual CPA licensed in New Jersey, serving clients statewide.
Secure portal, document exchange, and e-filing for accepted engagements.
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.
Monaco CPA provides services throughout Ridgewood and Bergen County, NJ, including:
Accurate, stress-free tax returns for W-2 earners, freelancers, and self-employed individuals.
Entity-tax, estimated-tax, BAIT, and timing analysis under an accepted written scope; no monitoring or outcome promise.
Returns and compliance for S-Corps, LLCs, partnerships, and sole proprietorships.
Monthly bookkeeping, QuickBooks Online setup, and financial reporting.
QuickBooks Online setup, cleanup, bookkeeping, and written platform guidance from a Gold Certified ProAdvisor.
The client or payroll provider sets up and runs payroll, transmits filings and forms, and makes payments; Monaco CPA reviews specified provider-produced reports under an accepted written scope.
"Rated Monaco CPA 5 stars on Google."
Bhupendra S.
"I was in a significant amount of debt, and wasn't sure how to pay it off comfortably. I consulted with Greg, and he helped me formulate a strategy to pay it off, while still remaining comfortable. It was so helpful for me, because I was constantly stressed out about it. Now, I'm so confident in our strategy that I don't even think about my debt anymore! If you're ever looking for someone to help out for your financial needs, I can't recommend Greg enough! Easiest 5 stars that I can give!"
Abhiram R.
"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 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. Historical reviews may describe prior communication channels; current prospective-client intake and any response, when provided, use the written contact form only and create no call or consultation promise.
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.
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 (New Jersey CPA firm registration). Monaco CPA does not maintain physical offices outside New Jersey and does not hold CPA firm permits in other states.