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Mofrad Financial Solutions

Small Business Accounting Solutions in Koreatown, CA

Tax & Financial Services Built for Koreatown, Los Angeles

Home to one of the most dynamic business districts in LA, Koreatown (K-Town) is a place where culture, commerce, and community intersect. From family-run restaurants and salons to creative professionals, consultants, and gig workers, the neighborhood is full of people working hard to move forward. But with busy schedules, complex tax rules, and evolving financial goals, staying organized isn’t always easy.


At Mofrad Financial Solutions, we support individuals and small businesses in Koreatown with approachable, customized financial guidance. Whether you’re filing taxes for the first time, running a storefront on Wilshire, or freelancing across multiple platforms, we help simplify the numbers—so you can focus on what you do best.


Why Koreatown Clients Choose Mofrad Financial Solutions

K-Town is unique: diverse, fast-paced, and entrepreneurial. Our clients often juggle several income sources or operate businesses with tight margins. That’s why they turn to us—for clarity, consistency, and culturally aware service.


Here’s what makes us a trusted financial partner in Koreatown:


  • Multilingual support in Korean, Spanish, Farsi, and English

  • Experience with hospitality, retail, beauty, and food service sectors

  • Flat-rate pricing and clear expectations—no hourly surprises

  • Flexible scheduling for business owners and shift workers

  • Year-round service, not just during tax season


Financial Services for Koreatown Residents & Business Owners

Whether you run a neighborhood café, drive for a rideshare platform, or manage rental properties, we provide the tools and knowledge to keep your finances healthy and stress-free.


Personal Tax Filing

We prepare accurate, on-time tax returns for individuals and families, making sure you get the credits and deductions you’re entitled to.


Small Business Bookkeeping & Reporting

From inventory tracking to monthly profit-and-loss statements, we help Koreatown business owners stay organized and ready for growth.


Freelancers & Gig Economy Support

We assist rideshare drivers, delivery workers, content creators, and other independent earners with self-employment tax filing, estimated payments, and expense tracking.


Business Entity Formation

If you’re starting a new venture, we’ll walk you through choosing the right structure (LLC, S-Corp, etc.), handle the paperwork, and explain your ongoing tax obligations.


Payroll & Contractor Payments

Whether you have two employees or 20, we’ll help you manage payroll processing, W-2s, and 1099s while staying compliant with labor and tax laws.


Financial Clean-Up & Catch-Up Filing

Behind on taxes or bookkeeping? We offer no-judgment support to help you catch up, get organized, and move forward with confidence.


Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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Why Financial Services Matter in Koreatown

With its mix of residential apartments, commercial storefronts, and nightlife, Koreatown is one of LA’s most vibrant—and complex—neighborhoods. Many residents operate cash-based or hybrid businesses. Others balance day jobs with side gigs or family financial obligations.


In this environment, generic tax software or one-size-fits-all advice won’t cut it. Mofrad Financial Solutions offers the personalized, professional support that helps K-Town residents feel in control of their financial future—whether they’re just starting out or building generational wealth.


What to Expect When You Work With Us

We understand that financial topics can feel overwhelming. That’s why we meet you with respect, clear language, and solutions that make sense for your life and goals.


Our Koreatown clients benefit from:


  • Warm, bilingual service tailored to your communication style

  • Transparent pricing and step-by-step process explanations

  • Secure file uploads and digital tools for busy schedules

  • Industry-specific knowledge for retail, service, and food sectors

  • Responsive follow-up and real-world planning strategies


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


Do you offer tax prep in Korean or other languages?

Yes, we have multilingual team members and offer service in Korean, Spanish, Farsi, and English.


I operate a small food business—can you help me with bookkeeping?

Absolutely. We specialize in working with restaurants, cafés, food trucks, and other service-based businesses in Koreatown.


What if I haven’t filed taxes in a few years?

No problem. We’ll help you get caught up without penalties or confusion. We’ve helped many clients in the same situation.


I get paid in cash or through apps. How should I report that?

We’ll guide you through how to report income properly and find allowable deductions to reduce your tax burden.


Can you help with payroll for my employees?

Yes. We offer payroll setup and management for small business clients, including W-2 and 1099 compliance.





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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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