Farm families often plan for estate tax, then face a bigger income-tax bill at...

https://www.bestbookmarks.win/at-succession-farm-families-may-worry-about-estate-tax-but-income-tax-can

Farm families often plan for estate tax, then face a bigger income-tax bill at succession. This article shows how depreciation recapture on paid-off equipment can trigger tax, while a basis step-up may reduce taxes on inherited land.