Many farm families worry about estate tax, but income tax can bring the bigger...

https://www.bookmark-maker.win/farm-families-may-plan-for-estate-tax-and-miss-the-bigger-income-tax-bill

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.