Novii CPA

Novii CPA Leading Innovators Beyond Financials

06/02/2026

Before April 15 vs. after April 15. No further questions 🌊

S-Corp election — does it actually save you money?Honestly? It depends. But if you're a consultant or agency owner with ...
06/01/2026

S-Corp election — does it actually save you money?

Honestly? It depends. But if you're a consultant or agency owner with strong, consistent net profit, it's worth a real conversation.

Here's the thing most people don't realize.

When you're a sole proprietor or single-member LLC, most of your business profit gets hit with self-employment tax — Social Security and Medicare — on top of regular income tax. That adds up fast.

An S-Corp changes the equation.

As an S-Corp owner, your income gets split into two buckets:

A reasonable salary — subject to payroll taxes.

Distributions — generally not subject to self-employment tax.

Let's put some numbers to it.

Say your business nets $200K.

As a sole prop, most of that is subject to SE tax.

As an S-Corp, you might pay yourself a $80K salary and take the rest as distributions — after payroll, expenses, and compliance costs. That gap can mean real savings. Sometimes five figures a year.

But here's what I want you to hear clearly: this isn't automatic, and it's not free.

Running an S-Corp comes with real overhead — payroll, separate bookkeeping, a business tax return, and compliance. And the IRS has opinions about what "reasonable salary" means. Get that wrong, and you've got a problem.

Done carelessly, it creates risk.
Done thoughtfully, it's one of the best tax planning moves available to small business owners.

Before you make any decisions, run the numbers with your accountant. The savings need to actually outweigh the costs — and that math looks different for everyone.

Save this and bring it up at your next meeting. It's worth asking the question.

05/29/2026

Team Retreat 2026, The Recap! 🚀 🎉

05/29/2026

We're determined to finding this hidden talent to attract new clients!

Your accountant should be saving you money, not costing you. Here are 4 signs it's the latter.
05/28/2026

Your accountant should be saving you money, not costing you. Here are 4 signs it's the latter.

05/28/2026

I think it's better they remain hidden 🤣

Global Team Retreat — and it was a success! 🚀The entire Novii Team was away from our desks last May 22–25 for our Global...
05/27/2026

Global Team Retreat — and it was a success! 🚀

The entire Novii Team was away from our desks last May 22–25 for our Global Team Retreat. The US Team went to Dominican Republic while the Offshore Team went to Boracay, both soaking up some sunshine after a successful tax season and bonding as a team.

Some of the things we did while we were there:
The US Team is very fond of golf so they took the opportunity to play at the resort's massive golf course! They also went on a Catamaran Trip along the sea where the team enjoyed feeling the breeze of the ocean and snorkeling. Who doesn't like it, right?

One thing we discovered — Bailey, Victoria, and Jake have some hidden talent in dancing 🤣 The next time they come to your networking events, you should see them to dance.

On the other hand, the Offshore team is a lot more adventurous. For the first time, they met in-person and clicked right away! They then spent some time designing the room and arranging those souvenirs. The following day they spent some time Island Hopping going from one beach to another, snorkeling, and also went Paraw Sailing where they enjoyed the peaceful waves of the sea and watching the sunset.

Would you want to see the dancing videos? Because yes, we have a footage 👀

Growing fast? Your accounting should keep up.Revenue growth creates a different level of operational pressure. At some p...
05/26/2026

Growing fast? Your accounting should keep up.

Revenue growth creates a different level of operational pressure. At some point, bookkeeping turns into questions around cash flow, margins, hiring decisions, and how to actually scale sustainably.

That’s one reason more growing businesses are turning to outsourced accounting earlier. Research from the U.S. Chamber of Commerce and Plante Moran highlights that outsourcing accounting functions can improve efficiency, reduce overhead, and give business owners more time to focus on growth and operations instead of administrative work.

The goal isn’t just cleaner books. It’s having financial visibility that helps you make faster, more informed decisions throughout the year.

👉 Follow for more insights on building a smarter financial foundation for your business.

End of Tax Season Celebration for Team Novii!! 🎉We wrapped up tax season together - and what a way to celebrate! Our tea...
05/15/2026

End of Tax Season Celebration for Team Novii!! 🎉

We wrapped up tax season together - and what a way to celebrate! Our team spent last week's Thursday afternoon at Victoria’s residence for great food, fun games, and a trivia session that unearthed fun facts about each other - the kind we don’t usually hear between deadlines and meetings. Seeing those unexpected sides of teammates reminded us that beyond accounting and tax, we’re just a group of real people who support each other through every busy season. Like do you know anyone who would not like ketchup? Who do you think is a varsity swimmer in high school? Someone was a competitive chearleader before and you're never going to guess who it is 😁

Anyway, prior to that one, we also created a flag to represent the team. We've got 3 teams: The Twisters, The Green Machine, and The OG Team. See their creative flag below (P.S. They were made using the ever popular tool, MS Paint.) 😂

We also did The Jackbox Party Pack - it tested our stock knowledge to the best of our ability haha. But our favorite is Quiplash - it uses humor to win the game and who doesn't love humor? 🤣

Anyway, to thank everyone for the extra hours during the tax season, we're now on Summer Hours: Mon to Thu is still 8:00 AM - 5:00 PM but Fridays are half-days! Wohooo 🎉

Big thanks to everyone who made this season a success!

We thought yesterday would just be a normal day. Working on priorities, client calls and client works. Until we received...
05/14/2026

We thought yesterday would just be a normal day. Working on priorities, client calls and client works. Until we received an email about Victoria being selected for another award. We're still keeping the details from public but it's just so amazing to hear about this award and we figured it'd be interesting to give you guys some teaser 😉

Over the past few weeks we've been announcing the awards that Novii and Victoria has received. These recognitions aren't just trophies - they're proof of what we value most: growth, curiousity, and endless learning. Every step we're doing to get better is a step that benefits our clients and partners.

To everyone who is supporting Novii - friends, family, clients, partners, and the team, we owe this recognition to you all.

Address

821 E Washington Avenue, Suite 200
Madison, WI
53703

Opening Hours

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Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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+16084818160

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