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Lien Phat

3.5 (4 reviews)
Closed • 9:00 am - 5:00 pm
Updated 1 month ago

Services - Lien Phat

Accountants

Business consulting

Current year tax preparation and filing

3 More Services

Past year(s) tax preparation and filing

Audit and conflict resolution support

Tax planning

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Five Stone Tax Advisers

Five Stone Tax Advisers

4.3
(265 reviews)

I started using Five Stone Tax Advisors to challenge my Austin property taxes (two properties, for…read moremany years) for quite a few years now, after a bruising meeting with the Travis County committee that meets with homeowners, a horrible experience. Most years, Five Stone has been successful in getting the appraised value of my home lowered - sometimes by a lot. I think the fee they charge for this is reasonable, and they seem to be efficient and very easy to deal with. Usually, we exchange only 1 or 2 messages per year. They donate a substantial portion of their profit (about a third) to local charities, and they invite their clients to choose from a list. They're a great business; highlky recommend.

Useless service that cost us money when we tried to use them. We signed up a few years ago (2024)…read morefor the purpose of having them protest our property tax increase. They did zero work, literally zero, as soon as we signed up they literally told us to go find comparable property sales ourselves and sent a bill at the same time because they wouldn't do any work to try and protest for us thus they knew we would not find any savings. The entire reason we used them was to find the comparable and do the protest, which they didn't do either of. They should at least have a policy that if they have zero data they can use to make a case, you should not pay anything to them at all since they won't do anything. I would not use them again, I have contacted state representatives to suggest regulating this industry due to unethical companies like this one.

Sumi Elangovan, CPA

Sumi Elangovan, CPA

5.0
(18 reviews)

Simply the best, most prompt, CPA I've dealt with. Great experience with real estate and stock /…read moreoptions.

We have been using Sumi for several years for non-trivial/non-simple taxes and she's been great…read more Every year she has more information for me about possible deductions that have been added to the tax code or how I can better prepare for the next year, so in addition to doing taxes I'm unable to do on my own, her service improves for me year after year. A brief description of the non-trivial taxes Sumi has handled for us: * My wife works normal w-2 wages, and we have normal easy turbotax tax concerns like property tax and mortgage interest and 1099-INT or 1099-DIV deductions from savings. * I work a 1099 contractor job (software engineering) where I pay estimated taxes throughout the year and have additional self-employed deductions that I'm allowed to take for work-related expenses. * I have a single member LLC for some iPhone apps I've published on the app store. * I'm part of a dual-member LLC for other apps a friend and I published and maintain. For my needs, Sumi does it all: * She does our normal easy turbotax bits. * She handles our dual-member LLC form 1065/K-1 paperwork I have no Idea how to do. * She handles my single member LLC paperwork and advises me on how to better do my 1099-income related deductions year after year. * She reminds me to file state-related franchise tax forms related to the LLCs every year. * She helps me prepare for estimated tax payments by doing the math for me and giving me pre-filled tax payments, and reminding me to talk to her about the Jan 15 one at the tail end of the year to fix any discrepencies in estimated vs actual income come year end. * She always advises me every year on new slightly more complicated tax measures I could take (Such as creating an S-CORP for myself if 1099 becomes a long term employment situation for me), but she is also very understanding of my preference to keep things simple as long as possible (and two LLCs plus 1099 income is already complicated enough as is!). Sumi is very kind and helpful, always. And, she always does her homework for me, as there have been some non-trivial / abnormal tax situations related to the dual-member LLC where she has gone back to tax books and tax peers to double check her advice before giving it. Sumi is one of those rare professionals who makes your life easier rather than more complex and makes you very glad you found her rather than someone less helpful or too over-your-head with tax legalese speak.

Lien Phat - taxservices - Updated June 2026

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