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Farah N. Ansari is a partner with Schenck Price, where she is Co-Chair of the Nonprofit Practice Group and a member of the Tax Planning Practice Group. Farah possesses significant experience counseling tax-exempt organizations including charities, foundations, educational organizations, arts organizations, hospitals and other nonprofit organizations in both New York and New Jersey. Farah’s practice includes counseling on issues relating to the formation of public charities and private foundations, including those with foreign operations. Farah also assists organizations with their transactions and tax compliance.
Farah routinely provides guidance on the following nonprofit-related topics: supporting organization issues; the unrelated business income tax; private foundation excise taxes, including self-dealing; issues relating to private operating foundations; nonprofit governance; the Uniform Prudent Management of Institutional Funds Act; and fundraising.Farah is also well-versed in Federal and State tax laws, providing tax-related guidance to both businesses and individuals. She is experienced in handling federal and state tax controversies in relation to income, withholding, and sales and use tax issues. Farah represents clients before the taxing authorities, in audits and in negotiating settlements, and in New Jersey Tax Court.
Farah is a past Chair of the Taxation Section of the New Jersey State Bar Association and is currently Co-Chair of the Tax-Exempt Organizations Committee of the Taxation Section of the New Jersey State Bar Association. She is currently serving on the New Jersey Supreme Court Committee on the Tax Court. She is a member of the Legal, Wealth & Tax Advisory Committee of the Community Foundation of New Jersey. Farah is also a member of the Government Relations Council of Nonprofit New York and the New York City Bar, Non-Profit Organizations Committee. Farah is a Board Member of the Volunteer Center of Bergen County and the New York Phi Beta Kappa Association. Farah lectures frequently on tax and nonprofit-related topics.
Farah chairs Schenck Price's Diversity and Inclusion Committee. -
- Included on the list of Morris/Essex Health & Life magazine's 2018, 2019 and 2020 "Top Lawyers" in Non-Profit Law
- Selected to the 2017-2020 New Jersey Super Lawyers® * list, featured in New Jersey Monthly magazine, in the area of Tax Law
- Repeatedly selected to the New Jersey Rising Stars ® * list, featured in New Jersey Monthly magazine, in the area of Tax Law
- Chosen as one of the New Jersey Law Journal's New Leaders of the Bar, 2015
Farah N. AnsariRated by Super Lawyers
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- Speaker, 84th Semi-Annual Tax and Estate Plannning Forum - New Developments, The Impact of COVID-19, and More, "Things To Be Wary of When Dealing With Charitable Organizations" webinar, December 8, 2020
- Speaker, Practising Law Institute, "Nonprofit Organizations 2020 - Governance, Reporting, and Compensation Issues," webinar, October 2, 2020
- Speaker, "New Proposed UBTI Regulations: Identifying Separate Trades or Businesses, Siloing NOLs, Related CARES Act Changes," July 9, 2020 webinar, Strafford
- Contributing author, February 2020 Legal Updates for Business
- Co-author- Financial Relief for Nonprofits under the CARES Act
- Co-author, Revisions to New Jersey Business Corporation and Nonprofit Corporation Law to Allow Meetings by Remote Communications
- Contributing author, Legal Updates for Businesses- February 2020
- Speaker, New Jersey ICLE, "What Every Lawyer Needs to Know About Taxes," December 19, 2019
- Speaker, 82nd Semi-Annual Tax and Estate Planning Forum, "Pitfalls in Charitable Planning," December 3, 2019
- Author, "Taxes on Executive Compensation for Tax-Exempt Employers," New Jersey Lawyer, December 2019
- Speaker, Practising Law Institute, "Nonprofit Organizations 2019 - Governance, Reporting, and Compensation Issues" October 30, 2019 in New York City
- Speaker, "Private Foundation Excise Taxes and Unrelated Business Income Tax" at the Representing Non-Profit & Charitable Organizations - The Basics and Beyond event, September 24, 2019
- Speaker, 81st Semi-Annual Tax and Estate Planning Forum, “The Next Steps After the Client Expresses an Interest in Creating a Post-Mortem Private Foundation or Public Charity,” June 5, 2019
- Speaker, "What Every Lawyer Needs to Know about Taxes," NJSBA Annual Meeting and Convention, May 17, 2019
- Moderator, “Impact of Tax Reform on Business Transactions,” NJSBA Annual Meeting and Convention, May 16, 2019
- Contributing author, February 2019 Health Law Dispatch
- Quoted in industry resources like Law360 and the Munshine Group
- Speaker, "Impact of Tax Reform on Tax-Exempt Organizations," Association of Fundraising Professionals, New Jersey Chapter, 38th Annual Conference on Philanthropy, November 15, 2018
- Speaker, “What’s New in the Laws Regulating Non-Profits,” Business Law Section of the New Jersey State Bar Association, September 22, 2018
- Contributing author, August 2018 Health Law Dispatch
- Principal Speaker, Tax Policy Panel, “Hear from the Professionals: How Tax Reform Will Impact Not-for-Profit Organizations,” June 28, 2018
- Speaker, New Jersey ICLE, "Navigating U.S. Tax Reform – Implications for U.S. Businesses and Individuals," June 19, 2018
- Speaker, NJBSA Annual Meeting and Convention, "The Impact of Tax Reform on Business Transactions," May 18, 2018
- Speaker, NJBSA Annual Meeting and Convention, "What Every Lawyer Needs to Know About Taxes," May 17, 2018
- Presenter, Center for Non-Profits webinar, "The Ins and Outs of UBIT (Unrelated Business Income Tax) and Your Non-Profit," March 29, 2018
- Panelist, New Jersey ICLE, "Tax Cuts and Jobs Act of 2017 - How the New Tax Bill will Affect You, Your Clients and Your Practice," January 29 and 31, 2018
- Panelist, New Jersey ICLE, "What Every Lawyer Needs to Know About Taxes," December 20, 2017
- Author, "IRS Revokes Hospital's IRC 501(c)(3) Status for Failure to Comply wth Requirements Imposed Under IRC 501(r)," September 7, 2017
- Contributing author, December 2017 Health Law Dispatch
- Co-author, December 2017 Tax Report
- Contributing author, October 2017 Health Law Dispatch
- Contributing author, September 2017 Legal Updates for Businesses
- Author, IRS Revokes Hospital’s IRC 501(c)(3) Status for Failure to Comply with Requirements Imposed Under IRC 501(r), September 7, 2017
- Contributing author, May 2017 Health Law Dispatch
- Contributing author, January 2017 Health Law Dispatch
- Panelist, New Jersey State Bar Association, 2017 Annual Meeting and Convention, “What Every Lawyer Needs to Know about Taxes,” May 19, 2017.
- Panelist, New Jersey ICLE, "Key Tax Law Issues that Impact Every Area of Practice...and How to Effectively Avoid Them," December 20, 2016
- Speaker, National Business Institute, “Tax-Exempt Organizations from Start to Finish.” Oct. 14, 2016
- Panelist, American Bar Association, Taxation Section, Joint Fall CLE Meeting, “Fundamental IRC § 501(c)(3) Organization Issues through the Eyes of Current Case Law.” Sept. 30, 2016
- Panelist, New Jersey State Bar Association, Taxation Law Section-Tax-Exempt Organizations Committee, “Current Developments.” July 27, 2016
- Panelist, New Jersey Institute for Continuing Legal Education, “Elder Law in a Day.” – Charitable Planning, July 13, 2016
- Panelist, New Jersey Institute for Continuing Legal Education, "Elder Law in a Day" - Charitable Planning, 2015
- Panelist, 2014 seminar entitled, "The Emerging Challenge to Non-Profit Real Property Tax Exemption"
- Panelist, New Jersey Institute for Continuing Legal Education, “Elder Law in a Day.” – Charitable Planning, November 4, 2014
- Panelist, New Jersey State Bar Association, Taxation Law Section-Tax-Exempt Organizations Committee, “Uniform Prudent Management of Institutional Funds Act and Jeopardizing Investments.” October 22, 2014
- Panelist, New Jersey State Bar Foundation, Wills & Estate Planning, June 26, 2014
- Panelist, New Jersey State Bar Association, Taxation Law Section-Tax-Exempt Organizations Committee, “So, You’ve Been Asked to Join a Non-Profit’s Board- What Should be Your Concerns?” June 25, 2014
- Author, “In the Line of Fire: Helping Employees After a Disaster,” COMMERCE, March 2013
- Author, “The Leveraged Partnership-Have Your Cake and Eat it Too,” The Practical Tax Lawyer, Winter 2010
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- Member, Nonprofit New York, Government Relations Council (January 2020-present)
- Board Member, Executive Council, New York Phi Beta Kappa Association Board of Directors (September 2019-present)
- Member, New Jersey State Bar Association, Tax Section
- Member, New Jersey Council of Charitable Gift Planners
- Member, Association of Fundraising Professionals, New Jersey Chapter
- Member, New York City Bar Association, Non-Profit Organizations Committee (October 2018-present)
- New Jersey Supreme Court Committee on the Tax Court (2011-present)
- Past Chair, Taxation Law Section, New Jersey State Bar Association (2017-2018)
- Co-chair, Tax-Exempt Organizations Committee of the New Jersey State Bar Association (2013-present)
- Member, Legal, Wealth, Tax Advisory Committee of the Community Foundation of New Jersey (February 2015-present)
- Member, Not-For-Profit Committee, Morris County Chamber of Commerce
- Board Member, Member of Governance Committee, Volunteer Center of Bergen County (June 2015-present)
- Member, American Bar Association, Section of Taxation
- Member, New York State Bar Association, Tax Section
