"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."
CPA-led bookkeeping cleanup - tax-ready, flat-rate, nationwide.
Bookkeeping cleanup (also called catch-up bookkeeping) is a CPA-led service that corrects messy, incomplete, or backlogged financial records. Monaco CPA reviews and fixes transaction categorization, reconciles bank and credit card accounts, removes duplicates, and delivers clean financial statements for each corrected period. QuickBooks Online and FreshBooks supported. Flat-rate pricing from $750 after a free assessment.
If your books are behind - whether by three months or three years - a bookkeeping cleanup gets everything current, accurate, and tax-ready. No judgment, just results.
Every cleanup is handled personally by a CPA, not handed off to a junior bookkeeper. That means missed deductions are caught during the process, not after the fact. The output is audit-ready from day one.
You'll receive a flat-rate quote after a free assessment of your books. No hourly billing, no surprises, no scope creep.
**The cost of waiting:** Research shows small businesses miss an average of $500-$5,000 per year in unclaimed deductions due to poor record-keeping, and bookkeeping errors frequently lead to overpaid taxes. Tax preparers also commonly charge a surcharge for disorganized records - often $50-$400 extra per return. A cleanup typically pays for itself in the first year through recovered deductions alone.
**How it works:** I review your QuickBooks or FreshBooks file (or bank statements if you're starting from scratch), assess the backlog, and send you a clear quote with a timeline. Once approved, I work through each month systematically - recategorizing transactions, reconciling every bank and credit card account, removing duplicates, and building clean financial statements.
**CPA advantage:** Most bookkeeping cleanup services are done by bookkeepers who fix the data but miss the tax implications. A CPA-led cleanup finds misclassified expenses that affect your tax liability, flags missing 1099s, identifies depreciation errors, and ensures your books align with IRS requirements. The result isn't just clean books - it's clean books that save you money at tax time.
**Common issues I fix during cleanup:** Duplicate transactions from overlapping bank feeds and integrations (the #1 cause of inflated income), gross vs. net revenue errors from payment processors like Stripe and Square (which can distort financial statements by the full amount of unrecorded processing fees), growing Undeposited Funds balances that create phantom assets, and misclassified personal vs. business expenses that distort both your tax return and financial statements.
**When to get a cleanup:** You need a cleanup if your tax preparer flagged errors, your previous bookkeeper left a mess, you've been doing your own books on spreadsheets, or you've simply fallen behind. The majority of small business owners handle finances themselves - and many report fiscal challenges as a result. The sooner you clean up, the less it costs - and the more deductions you recover.
"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 bookkeeping, tax planning, and consulting services. His knowledge of tax code, finance, and crypto tax law is impressive. Most importantly, he's smart, personable, and communicative. He is extremely responsive, and his rates are very reasonable for the service he delivers. I look forward to working with him for years to come."
Dex P.
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.
Practical tax advice, deadline reminders, and money-saving strategies delivered to your inbox. No spam, unsubscribe anytime.
By subscribing, you agree to the Privacy Policy.
I'll review your situation and send you a clear summary of what needs fixing and what it'll cost. No obligation.
Use of this website does not create a CPA-client relationship.
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.