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

https://www.bookmark-tango.win/at-succession-farm-families-may-face-a-bigger-income-tax-shock-than-an

Farm families often fear estate tax, but income tax can bring the bigger succession surprise. This article explains how selling equipment can trigger depreciation recapture, and how a basis step-up may lower tax on inherited land—before the bill lands.