In episode 13 of 2 CPAs & The Mic, Jeff Frable and Sara Mays are joined by their CCK partner, IRS-savvy, Luann Rinowski, for a candid and insightful conversation about navigating the world of IRS representation. Luann shares how she stumbled into her niche—handling IRS audit. Her secret? Treating IRS agents like real people (with a healthy dose of professionalism). Luann’s authentic blend of genuine care for people and unwavering professionalism has been the foundation of her successful career.

The group dives into:

• Why clients typically receive IRS notices
• The golden rule of audits
• Why documentation is your best friend
• Why the way you engage - and your representation - can make a difference with the IRS.

This episode is packed with practical wisdom and a few laughs. Don’t miss it!

Starting a business is exciting. Learn why selecting the right entity structure is important to ensure smooth operations and avoid any potential challenges down the road. In episode 12 of 2 CPAs & The Mic, hosts Jeff Frable and Sara Mays unpack the real-world implications of selecting a business entity. Whether you’re a brand-new entrepreneur, a side-hustler earning passive income, or a seasoned owner scaling into new ventures, this episode offers the insight you didn’t know you needed.

The team dives into the pros and cons of sole proprietorships, LLCs, partnerships, and corporations—and they break down the concepts of legal protection, self-employment tax, “piercing the corporate veil,” and what really happens when you mix friends with business.

You’ll also learn how income level, investor relationships, and future goals (like selling your company) play into choosing the right tax structure. Warning: you might want to grab a notepad for this one.

In episode 11 of “2 CPAs & The Mic,” Jeff Frable and Sara Mays sit down with ORU’s Athletic Director Tim Johnson to discuss how the introduction of NIL (Name, Image & Likeness) is changing the landscape of college athletics. Initially designed as a way for athletes to receive fair compensation, NIL has quickly evolved into what many now view as a form of “pay for play.” This shift was driven by key legal cases such as the O’Bannon and Alston cases, and most recently, the House settlement, which introduced revenue sharing and allowed universities to manage NIL activities directly. Over the past few years, the scene has changed dramatically—from athletes receiving modest educational stipends to some now securing million-dollar deals. The new system has raised concerns, particularly for mid-major programs like ORU, which struggle to compete with the financial power of larger conferences. Additionally, young athletes often lack financial literacy, and the combination of NIL and the transfer portal has created a “free agency” atmosphere in college sports. Tim shares how ORU is adapting to these changes by creating educational programs to help student-athletes navigate NIL opportunities responsibly, teaching them financial literacy and tax implications. Despite the rapid changes and uncertainties, Johnson remains focused on preserving the true value of collegiate athletics—providing opportunities for education and personal development that extend far beyond financial compensation.