Can Novo help me with my taxes?

While we can't help file your taxes or offer specific tax advice, we do offer built-in tools to make tax season easier for your business.

Here is how your Novo account helps you be ready:

Reserves: You can set up a Reserve to automatically set aside a percentage of your income, specifically for taxes.

Bookkeeping: This feature automatically categorize business expenses for you. so you can easily track potential write-offs.

Connect accounting tools: Seamlessly connect your Novo account to apps like QuickBooks, Square, and Xero.

Easy Exports: Download your monthly statements, generate Profit & Loss reports, and export transaction activity as a CSV for your accountant, all in a few clicks.

For specific tax-related question, we always recommend consulting directly with a certified tax professional or the IRS.