Many farm families worry about estate tax at succession, but income tax can...

https://www.bookmarking-fox.win/a-farm-can-pass-to-the-next-generation-with-little-estate-tax-yet-the

Many farm families worry about estate tax at succession, but income tax can bring the bigger shock. Learn how depreciation recapture can tax years of equipment write-offs, and how a basis step-up may reduce tax when heirs sell inherited land.