Ed mofrad

Ed Mofrad, CPA, CVA, MBA

“If it is tax, we do it (plus a whole lot more)”

Ed Mofrad is fiercely committed to ensuring his clients achieve financial success and peace of mind.

Like most Americans, thinking about your taxes and finances causes you to question whether you’re making smart decisions with your money and your future. You wonder if working with a financial professional could really help you manage your finances better, minimize your tax liability, or establish and live on a budget.

You question if getting help from an expert could ensure your children’s education or prepare you for retirement – including acquiring adequate life insurance for you and your family. If you are a business owner, do you question whether a financial expert can help you grow your business and define your eventual exit-strategy?

You know the answer is YES. But, you have never taken the steps to get the financial support you need. Perhaps you aren’t sure what type of professional to approach, or you have an underlying fear that it will cost “an arm and a leg”. Perhaps you dread the monstrous stack of documents/paperwork you imagine you would need to assemble to even get started.

Instead, you sweat out your taxes on some free or cheap software year-after-year or go to a franchised “tax-service” which promises you the world, but you end up walking out asking “was that it?” None of your other issues have been addressed – and you have the nagging feeling that you could have done better – much better!

If this describes you, then Mofrad Financial Solutions is the answer! We are a one-stop shop that can support your tax preparation as well as your personal and business financial services needs.

With more than 20 years leading Mofrad Financial Solutions, my extensive education and experience as a tax professional allows me to meet the needs of our individual, business, off-shore, and not-for-profit clients.

My calling to become a tax professional became clear after working for the Internal Revenue Service. I was eager to work on the taxpayers’ side by implementing ideas that occurred to me while at the IRS.

Real client comments regarding our work include:

“Mofrad Financial saved me $60,000 in overpaid taxes. They were very patient and they explained all of our options. Most of all, I trust them!” – Walter Himes

“Ed is truly a financial professional that has a very solid grasp of taxation. I would highly recommend him to everyone.” – Brew Chen

“There are CPA’s and then there is Ed Mofrad, who surpassed my expectations in assisting me with my tax issues this season. Not only does he think outside of the box for one’s benefit, he executes his thought process with careful documentation and professionalism. A top-notch CPA who used to work for the IRS – simply the best of the best.” – Jay Barto

Similar benefits await when you invite us to serve your financial needs.

No one can have every answer to help their client. The art to being successful as a financial professional is knowing where to find the best solution to help your client. I am proud to claim: we excel in doing that!

What sets me apart from other CPAs is my deep understanding of real estate transactions (buyer, seller or investor), including my extensive experience working with off-shore investors.

Buying and selling real estate is complicated. Taxes and regulations require a trained professional with expertise in accounting strategies to help control expenses and manage risk. With an in-depth understanding of the ever-changing laws and regulations that affect real estate, we can examine important factors such as depreciation of real property or like-kind property exchanges (also known as 1031 exchanges). Other areas where Mofrad Financial Solutions can provide guidance include capital gains, deferments, and special holding-company rules.

Our expertise translates well for expatriate taxation (U.S. persons residing/working overseas) as well as EB-5 investors/immigrant) taxpayers.

Four things that set me apart — which might surprise/delight you are:

⦁ My love of teaching came early as the son of a life-long teacher. Throughout my career I have simultaneously taught and worked as an accountant. My teaching experience includes working in Bangkok, and here in Los Angeles.

⦁ I was invited to work in Thailand for 3.5 years. While there, I taught Accounting/Finance courses at Bangkok & Assumption Universities, worked as a Consultant for the “Big-Four” firm of Ernst & Young, and as a Senior Analyst for a branch of the Hong Kong based firm Sun Hung Kai.

⦁ As an IRS Revenue Agent, I had a metal badge (yes, like a cop!) that I used to identify myself to taxpayers while on duty. I didn’t particularly enjoy working for the IRS – that’s why I work on the taxpayers’ side now!

⦁ I coached “Students Run LA” from 1998-04. During those 7 years, I coached “at risk” high school students who had never gotten involved in sports- to run the annual LA Marathon! Each year, we started with approximately 50 youngsters, and of those, nearly 10 completed the marathon each year.

 

“Ed Mofrad”