Farm families may worry about estate tax, but income tax can bring the bigger...

https://www.play-bookmarks.win/many-farm-families-plan-for-estate-tax-then-face-a-bigger-income-tax-bill-when

Farm families may worry about estate tax, but income tax can bring the bigger surprise at succession. Learn how depreciation recapture on paid-off equipment can raise the bill, and how a basis step-up may lower tax on inherited assets.