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

https://remingtonsgreatchat.wordcanopy.com/posts/what-is-a-realistic-farm-succession-plan-timeline-if-we-want-to-avoid-tax-surprises

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.