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

https://www.coast-bookmarks.win/farm-families-often-plan-for-estate-tax-and-miss-the-income-tax-bill-that-can

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture on paid-off equipment and a basis step-up that resets inherited assets’ tax value can affect heirs—and what to plan for.