Farm families often plan for estate tax, then get blindsided by income tax when...
https://www.red-bookmarks.win/farm-kin-may-fear-estate-tax-yet-income-tax-can-bring-a-bigger-hit-at-handoff
Farm families often plan for estate tax, then get blindsided by income tax when the next generation takes over. Learn how depreciation recapture can tax years of equipment write-offs, and how a basis step-up can lower tax on inherited land.