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

https://www.normalbookmarks.win/at-succession-income-tax-can-surprise-farm-families-more-than-estate-tax

Many farm families worry about estate tax at succession, but income tax can bring the bigger surprise. Learn how depreciation recapture on equipment and a step-up in basis for inherited assets can change the bill, and what to review before the handoff.