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

https://telegra.ph/Can-a-once-a-year-return-really-miss-a-huge-future-tax-bill-10-15

Farm families may worry most about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture on equipment and a basis step-up that resets inherited property’s tax value can affect what heirs owe.