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

https://www.bookmark-friend.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. See how depreciation recapture can tax years of equipment write-offs, while a basis step-up may lower the tax bill on inherited land.