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Mofrad Financial Solutions

Financial Consulting & Tax Help in Echo Park, CA

Smart, Flexible Tax Services for Echo Park’s Creative & Entrepreneurial Community

Tucked between Silver Lake and Downtown LA, Echo Park has become one of the city’s most energetic neighborhoods—home to artists, freelancers, boutique business owners, and families carving out their own path. From co-working lofts and cafes to home-based side gigs, the area is full of people balancing creativity with hustle.


At Mofrad Financial Solutions, we help Echo Park residents stay financially grounded through thoughtful tax services, accounting support, and practical business advice. Whether you’re running an Etsy store from your kitchen table or launching a design firm near Sunset Boulevard, we’ll help you bring clarity and structure to your money.


Why Echo Park Clients Count on Mofrad Financial Solutions

Echo Park clients don’t fit in one mold—and that’s exactly why our services are designed to be flexible. We understand that many people here work nontraditional jobs, have mixed income streams, or are just figuring out the financial side of their passion.

We’re here to help you grow—with accuracy, empathy, and insight.


Why clients in Echo Park work with us:


  • We support gig workers, creatives, and independent business owners

  • Our team is easy to reach and explains financial matters in plain English

  • We offer real solutions for mixed-income, 1099, and cash-heavy setups

  • We use digital tools to make tax season easier, faster, and less stressful

  • Transparent, upfront pricing—no hidden fees or hourly billing


Financial Services Tailored to Echo Park Life

Whether you’re self-employed, running a retail space on Glendale Boulevard, or splitting your time between multiple part-time gigs, we have services that adapt to your workflow.


Personal Tax Returns

We prepare federal and California returns for individuals and families, including those with unique tax needs like rental income, freelance work, or multiple W-2s.


Self-Employment & Freelancer Support

From actors to editors to dog walkers, we help Echo Park freelancers with quarterly estimated taxes, expense tracking, and smart year-end planning.


Bookkeeping for Small Business

Running a neighborhood shop, wellness studio, or consulting business? We keep your books in order and provide easy-to-understand financial statements each month.


Incorporation & Entity Setup

If you’re turning a side hustle into something bigger, we’ll help you decide on the right business structure and handle the paperwork to make it official.


Audit Protection & Back Tax Help

Behind on filings or dealing with IRS letters? We provide judgment-free support to clean things up and get you back on solid ground.


Local Business Support

We offer tailored accounting services for Echo Park businesses in food service, retail, creative industries, and tech—including POS syncing and inventory tracking.


Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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Why Echo Park Needs Custom-Fit Financial Help

Echo Park blends the artistic with the entrepreneurial. It’s where musicians build marketing firms, where baristas freelance as photographers, and where storefronts double as studios. Income is often unpredictable, expenses are varied, and time is always short.

We get it. You need a financial partner who respects your time, understands your lifestyle, and offers support without jargon or pressure.


Mofrad Financial Solutions meets you where you are, offering clear advice, organized systems, and reliable service that fits Echo Park’s unique rhythm.


Work With a Local Financial Team That Gets It

You don’t need to be a tax expert to stay in control of your finances—you just need the right partner. Whether you’re new to self-employment or managing a growing team, we’ll walk you through what’s next and handle the heavy lifting.


Echo Park clients choose us for:


  • Quick-response support and approachable communication

  • Services built for freelancers, artists, and startup founders

  • Clean, user-friendly systems for uploading docs and tracking finances

  • Local knowledge with a focus on LA-specific tax rules and licensing

  • One-on-one planning sessions to help you map out your goals


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 just started freelancing—do I need to pay quarterly taxes?

Most likely, yes. We’ll help you determine your estimated payments and set up a simple system to stay on track.


What’s the best structure if I want to turn my freelance work into a real business?

We’ll walk you through the pros and cons of LLCs, S Corps, and sole proprietorships based on your income, goals, and industry.


Can I deduct rent or home office space?

If you work from home, you may be eligible for a home office deduction. We’ll guide you through it and calculate what qualifies.


I run a vintage shop in Echo Park—do you work with retail?

Yes. We work with local retail and service-based businesses across the area and offer help with sales tax, inventory, and vendor payments.


I haven’t filed in a few years—can I still get help?

Absolutely. We regularly assist clients who need to catch up on back taxes or get back in good standing with the IRS or Franchise Tax Board.


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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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