Personalized Tax & Business Accounting Services in Torrance, CA
As one of the most economically diverse cities in the South Bay, Torrance, CA is home to a thriving business community, established families, and professionals across industries—from aerospace and healthcare to logistics, manufacturing, and hospitality. With opportunity comes complexity—and managing your finances well is essential for staying competitive, compliant, and confident in your next move.
At Mofrad Financial Solutions, we support Torrance residents and business owners with a full range of accounting, tax, and financial planning services. Whether you’re running a second-generation family business, freelancing in a niche field, or investing in commercial property, our team delivers accurate, forward-thinking financial support tailored to your goals.
We help simplify the details, so you can focus on growth, clarity, and peace of mind—without the headaches.
Why Torrance Clients Choose Mofrad Financial Solutions
Torrance is a city that blends blue-collar work ethic with white-collar opportunity—and our services reflect that same versatility. Our clients want more than annual tax prep. They want a strategic partner who can help them build something sustainable, scalable, and secure.
Here’s what makes us a go-to firm for Torrance professionals:
Experience with industries ranging from auto services to global logistics
Clear, consistent communication with a single point of contact
Practical advice rooted in decades of real-world business experience
Support available in multiple languages to reflect the city’s diversity
Flexible services that evolve with your business or life stage
Financial Services Designed for Torrance Businesses & Residents
We work with a wide spectrum of clients—from mid-size manufacturers and local contractors to self-employed professionals and dual-income households—offering practical, scalable solutions that reduce stress and improve results.
Business Tax Compliance & Advisory
From sales tax to income tax and everything in between, we keep your filings accurate, your records audit-ready, and your strategy aligned with your long-term plans.
Financial Systems for Family-Owned Businesses
Whether your business has been in the family for decades or just a few years, we help implement systems that support smooth operations, team transitions, and sustainable growth.
Tax Returns for Individuals & Professionals
We assist working professionals, retirees, and dual-income families in Torrance with individual filings, ensuring accuracy and maximizing available deductions and credits.
Inventory & Cost Tracking for Trades & Retail
If you manage product-based businesses—like auto repair, storefront retail, or supply chain operations—we help implement inventory and cost-of-goods systems that keep your numbers clear and margins healthy.
Retirement Strategy & Income Planning
We work with mid-career professionals and business owners approaching retirement to plan how—and when—to draw from retirement accounts, convert assets, or exit a business.
Startups, Side Hustles & Freelancers
Torrance is filled with ambitious individuals launching new ventures. We provide affordable, accessible support for side hustles, new LLCs, and creative freelancers who are ready to turn their skills into sustainable income.
Mofrad Financial Solutions Staff
Ed Mofrad
Milton Rodriguez
Zongmao Wu
The Business Landscape in Torrance, CA
Torrance’s economy is diverse and resilient, driven by a mix of large corporations, small businesses, and local service providers. The city’s strong industrial base and proximity to ports make it a natural home for logistics, aerospace, and international commerce—while also offering opportunities for independent professionals and family entrepreneurs.
That same diversity makes financial planning more important. Many Torrance business owners and professionals operate in regulated industries or deal with complex reporting requirements. Others are looking for new ways to structure their income, manage taxes proactively, or prepare for growth.
Mofrad Financial Solutions is here to meet those needs—bringing structure, simplicity, and support to every financial conversation.
What It’s Like to Work With Us
We build relationships, not just reports. Our clients in Torrance appreciate our approachable style, practical advice, and consistent follow-through. Whether we’re filing a return, setting up payroll, or planning a business exit, we offer:
Tailored service with long-term partnership in mind
Reliable turnaround times and proactive updates
Tech-enabled tools for secure, remote collaboration
Help navigating state and federal compliance requirements
Flexible packages to fit startups, established businesses, or growing families
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 work with manufacturing or logistics companies?
Yes. We support Torrance businesses across industrial sectors with tax planning, expense tracking, inventory systems, and payroll support.
I run a small local shop—can you help with day-to-day accounting?
Absolutely. We provide affordable bookkeeping, cash flow tracking, and sales tax filing for small, service-based or retail businesses.
I just opened an LLC—what do I need to know about taxes?
We’ll walk you through quarterly payment requirements, deductible expenses, and how to keep clean records from the start.
Do you offer help with retirement planning?
Yes. We help individuals and business owners plan their transition into retirement, manage distributions, and create a tax-smart withdrawal strategy.
Is everything handled remotely?
We offer both in-person and virtual support, depending on your preference. Our secure client portal makes file sharing and communication simple and safe.