Virtual CPA Services Across New Jersey
Monaco CPA provides virtual tax preparation, small business accounting, and bookkeeping services to individuals and businesses throughout New Jersey. Based in Livingston, the practice is available to taxpayers across all 21 counties without requiring a single office visit.
CPA Services in New Jersey
Monaco CPA provides virtual tax preparation, small business accounting, and bookkeeping services to individuals and businesses throughout New Jersey. Based in Livingston, the practice is available to taxpayers across all 21 counties without requiring a single office visit.
The fully virtual practice model means you get the same personal, attentive service whether you're in Bergen County or Cape May. All consultations are conducted via video call or phone, and documents are exchanged through a secure, encrypted client portal.
Monaco CPA provides personalized tax preparation and planning. You get a CPA who knows your name, your situation, and your goals.
Why New Jersey Clients Choose Monaco CPA
New Jersey has some of the most complex state tax laws in the country. Between high property taxes, the state's income tax structure, and frequent cross-border work with New York and Pennsylvania, NJ residents benefit from having a CPA who knows the Garden State's tax landscape. See the industry specializations page for details on how I serve specific business types.
For small business owners, New Jersey's regulatory environment, including the Corporation Business Tax, partnership filing requirements, and NJ-specific payroll obligations, requires careful compliance. Monaco CPA serves businesses across a wide range of industries, staying current on NJ tax law changes so you don't have to.
The virtual model also means Monaco CPA can serve clients who have relocated out of state but still have NJ tax obligations, multi-state filers, and NJ-based businesses with employees in other states. No matter where you are, you get the same quality of service.
New Jersey has collected $84 million in wage-theft and misclassification assessments since 2018, with $37 million assessed in just the first seven months of 2025. Proper worker classification is critical for any NJ business that uses contractors or independent workers. Monaco CPA provides payroll services and can review your current setup for compliance.
Work Directly with Greg
Your CPA knows your name and your situation.
NJ Licensed CPA
Livingston-based virtual CPA licensed in New Jersey, serving clients statewide.
Virtual Convenience
Secure portal, video consultations, and e-filing from anywhere.
Responsive Communication
All inquiries answered within one business day.
Areas I Serve
Monaco CPA provides services throughout Statewide - New Jersey, including:
Services Available in New Jersey
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.
What Clients Say
"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.
Frequently Asked Questions
Can a virtual CPA handle my NJ taxes as well as an in-person one?
Yes. Virtual CPA services provide the same quality as traditional firms, with added convenience. All documents are exchanged through an encrypted, SOC 2 compliant portal. You can reach Greg Monaco, CPA directly by phone or video call without scheduling office visits.
What NJ tax forms do I need to file?
Most NJ residents file Form NJ-1040. Business owners may also file CBT-100S (S-Corp), NJ-1065 (partnership), or PTE-100 (BAIT election). Self-employed individuals with NJ income over $400 must make quarterly estimated payments using NJ-1040-ES.
What is the NJ BAIT election and should my business use it?
The Business Alternative Income Tax (BAIT) lets NJ pass-through entities like S-Corps and partnerships pay state income tax at the entity level, creating a federal deduction that bypasses the individual SALT cap ($40,000 since 2025 under OBBBA, increased from $10,000). For most qualifying NJ businesses with income over $100,000, the election produces meaningful federal tax savings. The election must be made annually by March 15.
Does New Jersey tax capital gains differently than the federal government?
Yes. New Jersey taxes all capital gains at ordinary income rates ranging from 1.4% to 10.75%. There is no preferential long-term capital gains rate in New Jersey, unlike the federal system. This is one of the biggest NJ-specific tax surprises for investors.
Also Serving
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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.
CPA Services by Town
Monaco CPA serves clients in 30+ NJ communities. Find your town below for locally relevant tax guidance, or contact us directly for a free consultation.
North Jersey CPA Services
Monaco CPA serves clients throughout North Jersey, including Essex County, Hudson County, Bergen County, Passaic County, and Morris County. Whether you're in Livingston, Jersey City, Newark, Montclair, or Hoboken, you'll work directly with Greg Monaco, CPA, a North Jersey native whose family has roots in Essex County dating back to 1890.