Skip to main content

Individual Tax Preparation

Personal tax preparation with a CPA who works directly with you.

No commitment Encrypted portal 24hr response
5.0 · 9 Google ReviewsNJ CPA Firm Lic. #20CB00789800

Individual tax preparation is a professional CPA service covering federal and New Jersey state income tax returns. Monaco CPA prepares W-2, freelance, self-employed, and multi-state returns starting at $350. Every return includes deduction analysis, tax credit identification, e-filing, and a year-end planning review with Greg Monaco, CPA directly.

Tax season doesn't have to be stressful. At Monaco CPA, your individual tax return is handled personally by Greg Monaco, CPA - with the attention to detail your finances deserve.

Whether you're a W-2 employee, freelancer, self-employed, or managing income from multiple sources, I prepare your return with attention to detail and a focus on accuracy. I also look for deductions and credits you may be missing.

Every return includes a year-end review to discuss strategies for the year ahead - because good tax preparation starts well before April.

**Cryptocurrency tax returns:** Crypto activity requires specialized treatment. Every trade, swap, DeFi yield, staking reward, and NFT transaction is a separate taxable event. Monaco CPA handles crypto returns as part of full-service individual tax preparation. Complex crypto portfolios (Solana DeFi, multi-chain activity, high-volume trading) are handled through [MonacoCryptoTax.com](/services/crypto-tax).

**IRS audit support:** If you receive an IRS notice or correspondence alongside your return preparation, Monaco CPA can review it and coordinate a response. Audit representation for examination cases is available as a standalone service through [IRS Audit Representation](/services/irs-audit-representation).

IRS Audit Support & Representation

As a CPA authorized to practice before the IRS under Treasury Circular 230, Greg Monaco can represent you during correspondence audits, office exams, and field examinations. He responds to IRS notices and CP2000 letters, and communicates with the IRS and NJ Division of Taxation on your behalf. IRS notice support is included with all tax preparation engagements.

Learn more about IRS Audit Representation →

Freelancers & Self-Employed Individuals

If you receive 1099-NEC income, work as an independent contractor, or run a sole proprietorship, Monaco CPA prepares your Schedule C, calculates self-employment tax, identifies every eligible deduction, home office, vehicle, equipment, professional fees, and sets up quarterly estimated tax payments to help you avoid underpayment penalties.

Learn more about Freelancer & Self-Employed Tax →

What's Included

Federal and NJ state tax return preparation
Multi-state return preparation
W-2, 1099, and freelance income
Itemized deductions analysis
Tax credit identification
E-filing with direct deposit/payment
Year-end tax planning review
IRS notice support
Secure document upload via TaxDome portal
Personal review call before filing

How It Works

1

Free Consultation

I discuss your tax situation, income sources, and any concerns. No obligation.

2

Secure Document Upload

Upload your W-2s, 1099s, and other documents through the encrypted TaxDome portal.

3

Preparation & Review

I prepare your return, identify deductions and credits, and schedule a review call to walk through everything.

4

File & Plan Ahead

Once approved, I e-file your return and I discuss strategies for the coming year.

Frequently Asked Questions

What documents do I need to provide?
Typically: W-2s, 1099s, mortgage interest statements (1098), property tax records, charitable donation receipts, and any other income or deduction documentation. I'll provide a personalized checklist during the initial consultation.
Do you handle multi-state returns?
Yes. If you live in NJ but work in NY, or have income from multiple states, I handle the multi-state filing and help ensure you receive proper credits to avoid double taxation.
When should I start preparing for tax season?
Ideally, year-round. But if you're starting fresh, January is a great time to organize documents. I recommend scheduling a consultation before February to support timely filing.
What is your pricing for individual returns?
Pricing is based on the complexity of your return. I provide a clear quote after the initial consultation - no surprises. Payment terms are flexible.
Can you represent me during an IRS audit?
Yes. As a licensed CPA, Greg is authorized to practice before the IRS and can represent you during correspondence audits, field audits, and office examinations. He responds to IRS notices and CP2000 letters, and handles communications with the IRS and NJ Division of Taxation on your behalf. IRS notice support is included with all tax preparation engagements.
Do you handle freelancers and self-employed individuals?
Yes. If you receive 1099-NEC income, operate as an independent contractor, or run a sole proprietorship, I prepare your Schedule C, calculate self-employment tax, identify every eligible business deduction, and help you set up quarterly estimated tax payments to avoid underpayment penalties.
If you need a CPA or accountant in Livingston or Essex County, I highly recommend Greg at Monaco CPA. He always gets back to me the same day, handles everything himself, and offers flexible virtual meetings. Greg managed our personal taxes with great attention to detail and identified deductions we had previously overlooked.

Tom M.

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.

Ready to Get Started?

Start your tax return or send a message to discuss how I can help.

No commitment Encrypted portal 24hr response

Use of this website does not create a CPA-client relationship.

Questions? Ask SAM

AI Tax & Accounting Assistant — powered by Monaco CPA

What Clients Say About Gregory Monaco, CPA LLC

"If you need a CPA or accountant in Livingston or Essex County, I highly recommend Greg at Monaco CPA. He always gets back to me the same day, handles everything himself, and offers flexible virtual meetings. Greg managed our personal taxes with great attention to detail and identified deductions we had previously overlooked."

— Tom M., Business Tax Client, Essex County NJ · 5 stars

"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 easy to understand, and you can tell he actually cares about doing right by you."

— Dylan P., Individual & Crypto Tax Client · 5 stars

"Extremely professional, thorough, and organized from start to finish. He takes the time to explain everything clearly and make sure nothing gets overlooked. Communication is always timely, and the whole process feels effortless on my end. Truly a 5-star business."

— Ryan D., Individual Tax Client, New Jersey · 5 stars

"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. His tax planning and strategies helped me save money."