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Securing Arizona's future,
one family at a time.

For more than 30 years, the professionals at Grand Canyon Planning Associates have provided comprehensive retirement, tax, and estate planning services to families throughout Arizona.

We offer complimentary and obligation-free meetings to find out more about your needs and to see if our services are right for you. Whether you are just starting out, well into your working years, getting ready to retire, or already retired, we can help you protect and preserve the legacy you’ve worked a lifetime to build.

Estate Planning

Regardless of age, phase of life, or the size of your estate, everyone can benefit from estate planning: a living trust, a will, or powers of attorney.

Retirement Planning

At GCPA, we evaluate every aspect of your finances to create customized plans and solutions that will grow with you for your retirement planning.

Financial Planning

Let us analyze your financial plan with a tax perspective to create tax-efficient solutions and identify ways to potentially reduce your taxes in retirement.

The Word on Wealth

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Intelligent financial talk you can have faith in, a show where we take the fun approach to the serious matter of your money.

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Weekly Tip

Know and Understand Your Correct Filing Status

Taxpayers should understand their filing status well and at least be familiar with the other choices.

When preparing and filing a tax return, the filing status affects:

  • If the taxpayer is required to file a federal tax return
  • Their standard deduction amount
  • If they can claim certain credits
  • The amount of tax they should pay

Here are the five filing statuses:

Single: This status is normally for taxpayers who are unmarried, divorced, or legally separated under a divorce or separate maintenance decree governed by state law.

Married filing jointly: If a taxpayer is married, they can file a joint tax return with their spouse. When a spouse passes away, the widowed spouse can usually file a joint return for that year.

Married filing separately: Married couples can choose to file separate tax returns in certain circumstances.

Head of household: Unmarried taxpayers may be able to file using this status, but special rules apply.

Qualifying widow(er) with dependent child: This status may apply to a taxpayer if their spouse died during one of the previous two years and they have a dependent child. Other conditions also apply.

This information is not a substitute for individualized tax advice. Please discuss your specific tax issues with a qualified tax professional.

Tip adapted from IRS.gov9

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