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Mofrad Financial Solutions

Tax Services & Business Bookkeeping in Downey, CA

Full-Service Tax & Accounting Support for Downey, CA Entrepreneurs

Located in the heart of southeast Los Angeles County, Downey, CA is a city with strong roots and a forward-thinking mindset. Known for its blend of small-town character and entrepreneurial spirit, Downey is home to a wide range of professionals, service providers, and family-run businesses who need reliable financial partners to support their growth.


At Mofrad Financial Solutions, we’re proud to serve Downey’s business owners and working professionals with end-to-end financial services—from routine tax filings to long-term business planning and strategic consulting. We help simplify your finances so you can stay focused on what matters most: building something that lasts.


Whether you're a contractor, real estate investor, healthcare provider, or starting your first LLC, we tailor our services to meet your needs and your goals.


Why Downey Clients Work With Mofrad Financial Solutions

Downey’s growing economy is built on the strength of its people—independent, hard-working, and community-driven. Our clients are typically juggling a lot: client work, employees, deadlines, and day-to-day operations. They don’t have time to second-guess their financials.


Here’s what makes us the go-to resource for individuals and businesses in Downey:

  • Local experience with small business tax structures and compliance

  • Clear, consistent communication with fast response times

  • Services built for businesses with limited admin or internal finance staff

  • Transparent, predictable pricing with no hidden fees

  • Support available in multiple languages, including Spanish and Farsi


Custom Financial Solutions for Downey Professionals

Whether you're running a busy auto shop, managing rental properties, or freelancing full time, we provide services that align with your pace and your priorities.


Small Business Tax Preparation

We ensure your business taxes are prepared correctly and on time—whether you're a sole proprietor, LLC, or S Corporation. Our goal: to minimize tax liability while keeping you compliant.


Bookkeeping With a Business Owner’s Mindset

Our bookkeeping isn’t just about tracking transactions—it’s about helping you understand where your money goes, how to improve margins, and what to plan for next.


Tax Filing for Individuals & Families

Downey residents rely on us for accurate, efficient tax filings that maximize deductions and reduce stress. We also assist with education credits, dependent claims, and real estate-related write-offs.


Payroll Support & Contractor Payments

Managing staff or 1099 contractors? We handle payroll runs, tax withholdings, and quarterly reporting, so your team gets paid properly—and you stay in compliance.


Budgeting & Forecasting for Service-Based Businesses

From salons and medical practices to consulting firms and tradespeople, we help you create realistic budgets and revenue forecasts to support long-term sustainability.


Business Launch Services

Starting something new? We’ll guide you through entity selection, EIN setup, and local business licensing—making sure your foundation is solid from day one.

Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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The Business Community in Downey, CA

Downey has always been a place of innovation—home to aerospace pioneers, small manufacturers, and now a thriving ecosystem of restaurants, retailers, and entrepreneurs. With that spirit of innovation comes the need for smart financial management.


Many businesses here start small and grow quickly. Others are run by families or first-generation entrepreneurs who are navigating the complexities of taxes, employees, and business planning for the first time. At Mofrad Financial Solutions, we meet you wherever you are in your journey and help you move forward with clarity and confidence.


What It’s Like to Work With Us

We understand that every business owner’s time is limited and valuable. That’s why we provide efficient, responsive service that fits your workflow—not ours.


Here’s what Downey clients can expect when working with our team:

  • A dedicated advisor who understands your business model

  • Monthly or quarterly check-ins to review progress

  • Digital tools that make document sharing simple and secure

  • Honest advice backed by real-world experience

  • Long-term relationships rooted in trust, not transactions


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


Can you help me if my books are behind or disorganized?

Yes. We specialize in cleanup services and can quickly get your books in shape, whether you’re a few months—or a few years—behind.


Do you work with local contractors and construction businesses?

Absolutely. We serve many contractors, electricians, plumbers, and other trades in Downey and can help with job costing, tax prep, and financial tracking.


I just opened a business—can you handle everything for me?

Yes. We offer start-to-finish support, including business setup, bookkeeping systems, tax filings, and compliance tracking.


Can you help with personal and business taxes together?

Definitely. Many of our clients are business owners who also need help managing their personal taxes. We take a holistic view to optimize both.


Do you provide bilingual services?

Yes. We offer support in Spanish, Farsi, and Mandarin, and we’re happy to accommodate language preferences during consultations and throughout the process.

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1111 Corporate Center Drive #305

Monterey Park, CA 91754

Check us out on BrokerCheck®

Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. The Avantax Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: California and Colorado 

 Securities offered through Avantax Investment Services℠ , Member FINRASIPC. Investment advisory services offered through Avantax Advisory Services℠. Placing business through an Avantax affiliated insurance agency. CA insurance # 0L88676

The Avantax family of companies exclusively provide investment products and services through its representatives. Although Avantax Wealth Management does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business.

 This information is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

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