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

https://www.ready-bookmarks.win/estate-tax-may-not-be-the-biggest-tax-shock-when-a-farm-changes-hands-learn

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. This article explains how depreciation recapture on paid-off equipment can raise the bill, and how a basis step-up may help heirs.