Many farm families worry about estate tax, but income tax can bring the bigger...
https://www.bokkmarking-signs.win/many-farm-families-expect-estate-tax-to-be-the-big-succession-surprise-but
Many farm families worry about estate tax, but income tax can bring the bigger surprise at succession. Learn how depreciation recapture can tax “paid-off” equipment and how a basis step-up may reduce taxes when heirs sell inherited land.