Trusted Tax & Accounting Services for Chinatown, Los Angeles
Located just north of Downtown LA, Chinatown is a vibrant hub of history, culture, and entrepreneurship. Whether you’re running a long-standing family business, opening a new café on Broadway, or working as an independent contractor, Chinatown is a place where tradition meets ambition—and that calls for financial support that’s both culturally aware and business-savvy.
At Mofrad Financial Solutions, we proudly serve the Chinatown community with dependable, bilingual tax and accounting services. Our goal is to simplify the financial process for local residents, families, and business owners, helping you manage your money with clarity, confidence, and long-term peace of mind.
Why Chinatown Clients Choose Mofrad Financial Solutions
We understand that many Chinatown households operate on multiple income sources—family-run businesses, rental units, side jobs, and more. That’s why we tailor our services to your specific situation, always keeping things clear and efficient.
What our Chinatown clients value most:
Bilingual service (English and Mandarin/Cantonese support available)
Expertise in serving small retail shops, restaurants, and wholesalers
Assistance with both personal and business tax filings
Experience with generational wealth transfer and trust planning
Affordable, transparent pricing with no hidden fees
Accounting & Tax Solutions for the Chinatown Community
We serve clients throughout Chinatown and surrounding neighborhoods, including Echo Park, Lincoln Heights, and DTLA. Whether you’re self-employed or own a multigenerational business, we provide services that help you stay organized and financially secure.
Personal Income Tax Preparation
Our team files accurate, timely returns while helping you claim deductions for dependents, healthcare, education expenses, and more.
Small Business Accounting & Bookkeeping
We help Chinatown business owners manage books, track expenses, handle payroll, and stay compliant with city and state regulations.
Tax Filing for Corporations & Partnerships
We support corporations, LLCs, and family partnerships with complete tax prep, quarterly planning, and long-term financial guidance.
Back Tax Help & Clean-Up Services
Missed a few years? Dealing with IRS notices? We’ll help you catch up on unfiled taxes and find the best path forward.
Business Formation & Licensing Guidance
Starting a business? We’ll guide you through the setup process, including registration, licensing, tax ID creation, and compliance requirements.
Generational Financial Planning
From inheritance taxes to helping the next generation run the family business, we provide practical, culturally sensitive guidance for long-term planning.
Mofrad Financial Solutions Staff
Ed Mofrad
Milton Rodriguez
Zongmao Wu
Supporting Chinatown’s Business Legacy & Growth
Chinatown is built on a strong entrepreneurial foundation. Many of the area’s businesses have been operating for decades, passed down through families and deeply rooted in the community. But today’s business owners face new challenges—from online competition to shifting tax laws and cash flow pressures.
At Mofrad Financial Solutions, we work alongside Chinatown entrepreneurs to ensure your finances are secure and your systems are strong. Whether you’re scaling up or streamlining, our services are designed to support your vision without adding unnecessary complexity.
Local Experience. Personalized Attention. Practical Results.
We’re not a corporate chain. We’re a local team committed to helping communities like Chinatown succeed with real-world financial tools and strategies. From day-to-day bookkeeping to end-of-year tax planning, we walk beside you every step of the way.
Clients in the 90012 and 90031 ZIP codes choose us for:
Friendly, respectful, and confidential service
Guidance that honors family values and cultural traditions
Flexible scheduling, including evening and weekend consultations
Seamless digital tools for sharing documents and managing appointments
Long-term partnerships rooted in trust and consistency
Call 213-388-8400 to book your free consultation with our team.
Expert financial solutions for your goals. You can count on us.
Frequently Asked Questions
I operate a family business and don’t separate personal from business expenses. Can you still help?
Yes. We’ll help you sort through your records, separate expenses properly, and set up systems that are easy to manage going forward.
Can I deduct rent or utility bills if I run my business from home?
In many cases, yes. We’ll calculate your home office deduction and advise you on how to document your space correctly.
I have multiple sources of income. Will that make my taxes more complicated?
Not if we handle it. We’re experienced in managing income from rental properties, freelance work, W-2 jobs, and business revenue—all in one return.
Can you help my parents transition the business to me?
Yes. We offer support for business succession, ownership transfers, and financial planning for intergenerational business transitions.
Do you offer help in Chinese?
Yes. We offer bilingual services and are happy to accommodate your preferred language during the consultation and filing process.