Many farm families plan for estate tax, then face a bigger income-tax bill when...

https://www.agdaily.com/sponsored/farm-succession-taxes-income-tax-not-estate-tax-bigger-threat/

Many farm families plan for estate tax, then face a bigger income-tax bill when a successor sells equipment or land. Learn how depreciation recapture taxes past write-offs, while a basis step-up can reset inherited land’s tax value.