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Thomas M. Farace

Partner
Deputy Practice Group Leader, Private Clients
Rochester
Phone: 585-263-1440
Fax: 866-947-1450
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THOMAS M. FARACE

Thomas Farace, an attorney, certified public accountant, and Certified Financial Planner™ practitioner/professional, has a practice that focuses on private client services, individual income tax compliance and planning, estate and gift tax planning, family wealth planning and business succession planning, personal financial planning, corporate, partnership, and S‑Corporation taxation, and international tax planning.

Prior to joining Nixon Peabody LLP in 1999, Mr. Farace was a partner in the multidisciplinary professional services firm of Arthur Andersen LLP, where he was head of its Tax Division in the Rochester office, in charge of private client services in the Stamford, Connecticut, office, and was an associate director of the Andersen Center for Family Business. He also held the position of designated person of Andersen Investment Advisory Services.

Affiliations

Member of the New York State and Monroe County (former Treasurer) bar associations; member of the American Institute of Certified Public Accountants, and New York State Society of Certified Public Accountants; treasurer and board member of the Legal Aid Society; member of the Estate Planning Council; chair of the Ellingson Society (Planned Giving) of the Rochester Institute of Technology; and officer of Nixon Peabody Financial Advisors, a registered investment advisor.

Thought Leadership/Alerts

Media Clips

    • Be Smart at Year End; It's a challenging planning environment
      Rochester Business Journal | November 30, 2012

      Partner and Private Clients deputy practice group leader Tom Farace discusses year-end tax planning in this featured column.

    • Time to Review: Consider these strategies to save on taxes
      Rochester Business Journal | December 2, 2011

      This contributed article, authored by Rochester partner and deputy Private Clients practice group leader Tom Farace, discusses beneficial tax strategies for individuals to consider.

    • Act Quickly: Use low interest rates to your advantage
      Rochester Business Journal | November 26, 2010
      This “viewpoint” column, authored by Rochester partner and deputy Private Clients practice group leader Tom Farace, discusses low interest rates and how they can be used to an individual’s advantage.
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    Thomas M. Farace