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Individual Tax Preparation

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

No commitment Encrypted portal 24hr response
5.0 · 13 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, every individual tax return receives the attention to detail your finances deserve.

Whether you're a W-2 employee, freelancer, self-employed, or managing income from multiple sources, tax returns are prepared with attention to detail and a focus on accuracy. Every return is reviewed 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

Returns are prepared with deductions and credits identified, followed by 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, Schedule C preparation includes self-employment tax calculation, identification of every eligible business deduction, and quarterly estimated tax payment setup to avoid underpayment penalties.
"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."

Justin K.

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.

Tax Tips & Insights from Greg Monaco, CPA

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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.

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.

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What Clients Say About Gregory Monaco, CPA LLC

"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."

- Justin K. · 5 stars

"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."

- Laura M. · 5 stars

"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."

- Dex P. · 5 stars

"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."

- Tom M. · 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."

- Dylan P. · 5 stars

"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."