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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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Weekly Tip

Couples Who Work Together, Tax Together

When a household starts a business, couples learn about the tax responsibilities associated with it. There are some things to consider when working together.

Here are a few items to consider:

  • You should first establish whether you have a partnership business (where both spouses have an equal say in the affairs, services, and capital of the business) or an employee/employer relationship (where one spouse substantially controls management decisions); these relationships have different tax situations.
  • If there is an employer-employee relationship, the second spouse (the employee) may be subject to income, Social Security, and Medicare taxes.
  • You may need to file the U.S. Return of Partnership Income form if there is a partnership relationship.

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.gov10

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