July 12, 2025 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Get the Most out of Your Tax Filing With Mofrad Financial Solutions

Local finance firm meeting the needs of small/medium sized businesses and individuals

Tax season is fast approaching – and to get the most out of your preparation/filing experience look no further than Mofrad Financial Solutions. With more than 20 years in practice, their team specializes in small/medium sized businesses (and individuals) to meet their ongoing tax, accounting, and wealth management needs.

The firm was founded in 1996 by Ed Mofrad, a CPA and a former IRS agent. For the past 25 years, he and his team at Mofrad Financial Solutions have been helping taxpayers with their related needs.

“We call ourselves entrepreneurial accountants,” said Ed, the President of the company. “We are really several firms due to our practice of business valuations/forensic accounting, wealth management, and also traditional accounting/bookkeeping services.

“Our clients are across-the-board, but we tend to be favorites with educators, realtors, medical professionals, IT/Manufacturers, and our biggest fans: The LGBT Community.”

Tax services the firm offers include planning, advisement, preparation/e-filing, resolution (against the IRS/FTB), and tax audit representation.

“Our team of tax experts are available to guide through your filing responsibilities. We work with businesses and individuals to prepare/file returns, resolve tax authority issues, and stay compliant with various agencies” the company’s website says.

The firm also provides consulting services including corporation formation/dissolution and loan application programs (including pandemic related fundings).

“Every business must begin with its choice of entity type. Do you know which works best for you? Our firm can help you decide the format most appropriate – as well as file the necessary paperwork with Federal and State Authorities,” says the company, who can help clients form LLCs, corporations, partnerships, and more.

In addition, Mofrad Financial Solutions is certified by the National LGBT Chamber of Commerce. Part of what sets the firm apart from other companies is its expertise in registered domestic partnership (RDP) tax law. According to Mofrad, such services can be very worthwhile for qualifying clients (heterosexual as well as LGBT).

“We truly specialize in it. The tax advantages are tremendous in a community property state like California” Mofrad said.

“RDP is an often overlooked area of the tax code that provides tremendous benefits to unmarried couples (same sex or otherwise!). Rather than two individuals filing separate federal/state returns, RDPs can take advantage of unique favorable tax advantages. Any dollars saved from taxation are dollars earned for investment. This area of the tax code can be tricky and unfamiliar to many taxpayers and preparers alike, but our firm has specialized in the area for many years.”

On top of the wide range of specialized services the firm offers, Ed Mofrad takes pride in the fact that all the team members are minorities.

“All of us are minorities in this firm. Collectively, we speak Vitenamese, Tagalog, Spanish, Croatian, Farsi,” Mofrad said.

Regardless of your needs and circumstances, Mofrad Financial Solutions can benefit a wide range of clients with its hybrid ability to cater to both business owners and individuals (in a one-stop-shop format) all in a personal and welcoming environment.

“We are truly a family. People who visit us report just loving to be here. They enjoy the atmosphere at our office,” Mofrad said. “As our slogan goes: You won’t know us until you’ve tried us; to know us is to love us!”

To learn more about Mofrad Financial Solutions, call (213) 388-8400, email ed@mofradfinancial.com or visit www.mofradfinancialsolutions.com. Also “friend” the firm and/or Mofrad on social media (FB, Twitter, LinkedIn) to get practical daily articles regarding various related topics. The firm is located at 3424 Wilshire Blvd #1020, Los Angeles, CA 90010.

Related Posts

(Video) Summer Camp at School of Rock West LA Turns Kids Into Rockstars

July 11, 2025

July 11, 2025

To Sign Up Now, Go To Schoolofrock.com Summer Camp at School of Rock West LA Turns Kids Into Rockstars To...

Chinese Bakery Hi Bake to Open First U.S. Store in Beverly Hills: REPORT

July 11, 2025

July 11, 2025

Hi Bake will offer a fusion of French and Asian pastries, including croissants filled with molten chocolate or wagyu beef...

L.A. Louver Marks David Hockney’s 88th with Exhibit

July 11, 2025

July 11, 2025

Hockney, a British artist born in 1937, gained fame with the British Pop Art movement and later became known for...

Suspect Arrested in Shoe Retail Theft Spree Across LA County

July 11, 2025

July 11, 2025

During the search, police recovered two firearms and a significant quantity of merchandise The Los Angeles Police Department’s Organized Retail...

California Seizes $476 Million in Illegal Cannabis

July 10, 2025

July 10, 2025

The operation, described as UCETF’s largest to date, involved support from multiple state agencies The state confiscated $476 million worth...

The Reservoir Play Opens at Geffen Playhouse

July 10, 2025

July 10, 2025

The play follows Josh, whose life is unraveling, as he receives unconventional support from his grandparents. Their unsolicited advice, judgments,...

Angelini Grill Opens Limited Run at Peninsula Beverly Hills

July 10, 2025

July 10, 2025

The menu includes tableside Dover Sole, lobster salad, and a signature pasta tasting A new culinary collaboration, Angelini Grill, launched...

Father-Daughter Authors to Host Book Signing to Aid Fire-Affected Women

July 10, 2025

July 10, 2025

Ten percent of proceeds from book and art sales will benefit the Pacific Palisades Rebuilding Fund, a nonprofit initiative created...

Metro Reports Crime Drop, Higher Rider Satisfaction, and Progress on Major Projects

July 9, 2025

July 9, 2025

The Authority said the drop in violent incidents—down to the lowest level since May 2019—coincided with more uniformed personnel and...

The Bar at Century Plaza to Celebrate National Caviar Day with Exclusive Tastings

July 9, 2025

July 9, 2025

The seven-hour event will feature exclusive caviar tastings and champagne pairings The Bar at Fairmont Century Plaza will host a...

Westwood Village Cooking Class to Showcase Spanish Paella

July 9, 2025

July 9, 2025

The class will guide participants through crafting both seafood and vegetarian versions of the iconic Spanish dish Food enthusiasts will...

Unmasking ICE: Senators Push for Visible IDs After Secretive LA Immigration Raids

July 8, 2025

July 8, 2025

Bill Requires Federal Agents to Display Visible Identification During Raids U.S. Senators Alex Padilla (D-Calif.) and Cory Booker (D-N.J.) on...

Bacio di Latte’s Beverly Hills Gelateria Debut Blends Italian Tradition with California Cool

July 8, 2025

July 8, 2025

Gelateria Features In-House Gelato, Espresso Drinks, and Decadent Signature Flavors Bacio di Latte has officially opened its latest U.S. flagship...

Housing for Health Chief Appointed to Lead Unified Homeless Services Department

July 8, 2025

July 8, 2025

Veteran Housing Advocate to Oversee Streamlined LA County Services The Los Angeles County Board of Supervisors on Tuesday confirmed the...

Brentwood Feels Impact as Feds Slash Office Leases Across Los Angeles

July 8, 2025

July 8, 2025

New Tracker Reveals Over 70,000 Square Feet Cut in 2025 Alone Los Angeles County’s office market is experiencing a fresh...