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Mofrad Financial Solutions

Bookkeeping & Tax Planning in Downtown Los Angeles, CA

Tax & Financial Expertise for Downtown Los Angeles Professionals & Businesses

Downtown Los Angeles (DTLA) is the economic and cultural engine of the city—an energetic hub of startups, small businesses, artists, consultants, and service professionals all working on tight timelines in a fast-moving environment. Whether you’re running a shop in the Fashion District, managing rental units in the Historic Core, or freelancing from a loft in the Arts District, reliable financial support is essential.


At Mofrad Financial Solutions, we provide tax, accounting, and financial guidance to the people and businesses that keep Downtown moving. From routine filings to strategic planning, our team helps ensure your finances are accurate, compliant, and aligned with your long-term goals.


Why Clients in DTLA Rely on Mofrad Financial Solutions

Downtown LA is diverse and dynamic—home to everyone from early-career creatives to established real estate developers. Clients here need flexible, intelligent service that matches their pace and respects their time. We bring local expertise and personalized care to every engagement.


Here’s why DTLA residents and businesses choose us:


  • We’re deeply familiar with Downtown industries, from e-commerce and fashion to architecture and consulting

  • Our team is responsive, detail-focused, and accustomed to fast turnarounds

  • We work with both individuals and entities—sole proprietors, LLCs, and corporations alike

  • Flexible appointment options, including after-hours or virtual consultations

  • Year-round guidance, not just during tax season


Accounting & Tax Services for Downtown LA

Whether you’re a new freelancer in South Park or managing a brick-and-mortar in the Financial District, our services are tailored to the Downtown lifestyle—efficient, clear, and designed to keep your operations smooth.


Tax Preparation & Planning

We handle personal and business tax returns with a focus on maximizing deductions, avoiding errors, and helping you stay ahead of deadlines.


Real Estate Income & Investment Reporting

For landlords and real estate professionals operating in DTLA, we offer income tracking, depreciation calculations, and tax planning for short- and long-term holdings.


LLCs, Corporations & S-Corp Management

We assist Downtown business owners with entity setup, quarterly filings, compliance, and year-end reporting—making sure your company is structured for growth.


Creative & Independent Professional Support

Designers, consultants, photographers, and other solo professionals trust us to manage their tax planning, project budgeting, and multi-source income reporting.


Hospitality & Retail Financial Services

From coffee shops in the Arts District to fashion vendors in the Santee Alley, we provide cost tracking, payroll support, and daily financial operations assistance.


Nonprofit & Community Organization Support

We also serve local nonprofit leaders with budgeting tools, grant reporting guidance, and 501(c)(3) compliance strategies.


Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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Living & Working in Downtown Los Angeles

DTLA is more than skyscrapers and subways—it’s a dense mix of history, creativity, commerce, and change. With soaring residential buildings, coworking spaces, nightlife, and constant development, managing finances in Downtown LA can be complex.


Many residents operate side businesses, gig work, or multiple income sources. Others run teams, manage leases, or fund artistic ventures. That variety is what makes this community vibrant—and why one-size-fits-all tax solutions don’t work here.


At Mofrad Financial Solutions, we tailor our approach to match the neighborhood’s speed and specificity. Whether you’re working in the Historic Core, living in Little Tokyo, or building in the Financial District, we’re here to help you stay organized and plan with purpose.


Trusted by DTLA Entrepreneurs & Professionals

When you partner with us, you’re getting more than a tax preparer. You’re gaining a financial ally who understands Downtown’s unique economic landscape and provides the tools you need to succeed—whether that’s better cash flow tracking, streamlined reporting, or long-term tax strategy.


DTLA clients benefit from:


  • Clear communication and on-time results

  • Secure digital tools and mobile document upload

  • Personalized attention from a team who values your business

  • Transparent pricing with no hidden costs

  • Multilingual support (English, Spanish, Farsi, and more)


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 work a W-2 job but also freelance part-time—can you help with that?

Yes, we specialize in hybrid income setups. We’ll make sure your tax filing reflects both properly and explore deductions tied to your side income.


I rent out multiple units downtown—how should I report that?

We can help you organize your rental income, deduct allowable expenses, and prepare accurate Schedule E reports for your properties.


Do you offer business startup help in DTLA?

Absolutely. We assist with choosing the right entity type, EIN registration, and planning for quarterly tax payments and operational budgeting.


What if I’m behind on bookkeeping?

No problem. We offer bookkeeping clean-up and catch-up services to help you get current and avoid future issues.


Do you work with nonprofits or community orgs?

Yes. We help nonprofit leaders with everything from filing Form 990s to staying in compliance with city and state requirements.


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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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