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

https://www.oscarbookmarks.win/farm-families-may-worry-about-estate-tax-but-income-tax-can-bring-the-bigger

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.