Farm families often worry about estate tax, but succession can bring a bigger...
https://www.ready-bookmarks.win/farm-families-often-worry-about-estate-tax-but-income-tax-can-bring-the-bigger
Farm families often worry about estate tax, but succession can bring a bigger income-tax surprise. Learn how depreciation recapture on paid-off equipment can create a tax bill, and how a basis step-up can reset the tax value for heirs.