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Mofrad Financial Solutions

Reliable Accounting & Tax Support for Palms Businesses

Tax & Accounting Services for Palms Residents, Creatives, and Startups

Tucked between Culver City and Mar Vista, Palms is one of LA’s most densely populated and dynamic neighborhoods. Known for its apartment-lined streets, eclectic food scene, and close proximity to the Expo Line, Palms attracts a wide mix of residents—freelancers, entrepreneurs, gig workers, and young families—who are looking for convenience, affordability, and opportunity.


At Mofrad Financial Solutions, we offer practical, accessible financial services tailored to the way Palms residents live and work. Whether you’re self-employed, launching a new venture, or just trying to get your finances in order, we help bring structure and confidence to your money matters.


Why Palms Clients Count on Mofrad Financial Solutions

Palms is full of people pursuing big goals on flexible paths. That means tax and accounting needs here tend to be non-traditional—and that’s our specialty. Our team works with creatives, contractors, and small business owners to make finances manageable and less overwhelming.


Here’s why Palms residents choose us:


  • Expertise with self-employment, gig economy, and mixed-income returns

  • Easy-to-use systems for organizing income and deductions

  • No-fuss communication, honest advice, and personalized planning

  • Local service with options for virtual meetings and digital filing

  • Support that scales with you as your life and work evolve


Smart Financial Services for Palms Professionals and Creatives

Whether you’re renting a studio near Motor Avenue, running an online shop, or working multiple jobs across LA, we’ll help you take control of your finances and make smarter decisions for your future.


Affordable Tax Prep for Freelancers & Contractors

From delivery drivers and designers to personal trainers and filmmakers, we help gig workers and 1099 earners stay compliant while maximizing deductions.


Business Start-Up Support & LLC Setup

Thinking of formalizing your side hustle? We guide you through entity formation and help you understand the tax implications of different structures.


Monthly Bookkeeping for Small Teams

If you’re managing your own business or collaborating with others, we can keep your books clean, up to date, and ready for year-end filings.


Budgeting and Cash Flow Strategy

We work with individuals and business owners to build monthly systems for budgeting, saving, and understanding where the money goes.


IRS Notices & Late Filings

Got a letter from the IRS? Missed last year’s return? Don’t panic—we’ll help you respond properly and catch up on anything that’s behind.


Support for Mixed-Income Households

If your household has both salaried and freelance income, we’ll help you file jointly and plan for quarterly taxes without surprises.


Mofrad Financial Solutions Staff

Ed Mofrad

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Milton Rodriguez

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Zongmao Wu

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A Neighborhood That’s Evolving—And So Are Its Financial Needs

Palms continues to grow and attract new energy, but that also means residents often navigate complex transitions—like changing jobs, moving, or juggling multiple revenue streams. Whether you’re in a shared apartment or just bought your first condo, having a strong financial partner can help make the most of what you’re earning.


At Mofrad Financial Solutions, we help our clients get organized, stay prepared, and move forward with financial clarity—no jargon, no judgment, just results.


Real Support for the 90034 Community

Serving the Palms area and surrounding ZIP codes, we provide a local touch with modern tools. From initial consultation to final filing, our process is smooth, secure, and built around your schedule.


What to expect when working with us:


  • Transparent pricing and customized recommendations

  • Secure portals for uploading documents and signing online

  • Clear timelines and proactive communication

  • Respect for your time and your goals

  • A long-term partnership—not just a one-time service


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 for multiple delivery apps. How do I report that income?

We’ll help you organize your earnings from platforms like Uber Eats, DoorDash, or Instacart, and make sure all deductions (like mileage) are counted.


Can you help me turn my side hustle into a business?

Yes! We’ll discuss the pros and cons of becoming an LLC or S-Corp, and walk you through the process based on your income level and goals.


I don’t have any accounting software. Can I still work with you?

Absolutely. We can start from scratch or help set up an easy-to-use system that works for your skill level and time constraints.


What if I missed filing last year?

We handle back taxes regularly. Let us file your return, reduce penalties where possible, and get you back on track.


Do I have to come into the office?

Nope. Most of our Palms clients choose virtual meetings and secure digital document sharing—but in-person appointments are also available if preferred.


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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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