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Mofrad Financial Solutions

Comprehensive Financial & Tax Services in Hollywood, CA

Financial Strategy & Tax Support for Professionals in Hollywood, CA

From entertainment startups to long-standing family businesses, Hollywood is more than glitz and glam—it’s a place where ambition meets action. Whether you’re an independent contractor in the film industry, a hospitality business owner, or a tech professional working remotely in the Hills, managing your finances is crucial to sustaining success.


At Mofrad Financial Solutions, we specialize in helping Hollywood’s diverse professionals and entrepreneurs stay financially organized and strategically prepared. We bring clarity to your tax obligations, insight into your business financials, and structure to your personal planning.


Our team understands the fast-paced, often unpredictable rhythm of life in Hollywood—and we tailor our services accordingly.


Why Hollywood Clients Choose Mofrad Financial Solutions

In a city fueled by innovation, side hustles, and project-based income, reliable financial services aren’t just a luxury—they’re a necessity. Our clients appreciate that we don’t offer one-size-fits-all solutions. Instead, we take time to understand your unique financial picture and recommend the smartest next steps.


Here’s what sets us apart in Hollywood:


  • Expertise in entertainment industry tax law, deductions, and union-related filings

  • Trusted by both creative professionals and established small business owners

  • Flexible support for fluctuating income streams and multiple revenue channels

  • Transparent communication, clear expectations, and no surprise fees

  • A long-term, strategic mindset—not just tax season help


Tax & Financial Services We Offer to Hollywood Residents

Whether you’re managing a growing portfolio, preparing to incorporate your business, or navigating your first 1099 gig, we’re here to help with accessible, well-organized solutions.


Tax Services for Freelancers & Creatives

We serve producers, performers, designers, and consultants who operate independently or through personal LLCs. Our team ensures you’re deducting appropriately and tracking your income with confidence.


Small Business Accounting

From boutique shops on Melrose to local film production companies, we provide full-service bookkeeping, financial reporting, and tax strategy to keep operations lean and efficient.


Payroll & Contractor Payments

We help small studios, agencies, and content teams properly manage payroll and 1099 contractor payments—ensuring IRS compliance and reducing year-end stress.


Multi-State & Remote Work Tax Guidance

Live in LA, work globally? We assist with residency status, deductions, and out-of-state filings for Hollywood professionals with hybrid or remote arrangements.


Incorporation & Business Structuring

Thinking about setting up an S Corp or LLC? We’ll walk you through the pros and cons, file all necessary paperwork, and advise you on how to stay compliant year after year.


Personalized Financial Reviews

We offer financial check-ins for individuals, couples, and solopreneurs to plan for taxes, retirement, large purchases, and long-term financial milestones.


Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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Why Financial Planning Matters in Hollywood, CA

Hollywood is full of opportunity—and financial unpredictability. Many residents earn from multiple jobs, contracts, or residuals. Others run lean, creative businesses or deal with cash flow cycles tied to project timelines. Add in LA’s high cost of living, and financial clarity becomes a vital asset.


That’s where Mofrad Financial Solutions comes in. We help our Hollywood clients take control of their income and expenses so they can plan ahead, save with purpose, and invest in their future. Whether your financial picture is complicated or just getting started, we’re here to make it more manageable—and more empowering.


A Hollywood Financial Partner You Can Count On

Our clients range from first-year freelancers to established business owners across the 90028 and 90068 ZIP codes and beyond. What they all share is a need for support that’s responsive, respectful, and rooted in real expertise.


When you work with Mofrad Financial Solutions, you get:


  • Clear, accessible financial advice from an experienced team

  • Flexible communication (in-person, phone, or virtual meetings)

  • Bilingual services available in Spanish, Farsi, and more

  • Easy document uploads, digital tools, and organized filing systems

  • A partner who values discretion, professionalism, 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


Can you help with SAG-AFTRA or WGA union-related tax documents?

Yes. We regularly work with union members and understand the nuances of residuals, deductions, and member dues.


Do you support creative agencies or LLCs with multiple partners?

Absolutely. We can help structure ownership, manage books, and prepare taxes for multi-member entities.


I had a big year with inconsistent income—can you help smooth out my tax burden?

Yes. We’ll explore estimated payments, deductions, and long-term strategies to reduce your tax liability during high-income years.


I just moved to LA and started freelancing—what should I be doing now?

We’ll help you get set up with bookkeeping basics, file your first return, and start building a smart, sustainable financial plan.


Do you offer year-round support or just tax filing?

We’re here 12 months a year. Whether it’s mid-year planning, a surprise IRS letter, or business growth questions—we’re just a phone call away.


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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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