Many farm families 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

Many farm families worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture can tax gains on old equipment and how a basis step-up may lower tax on inherited land.