Farm families may worry about estate tax, but income tax can bring the bigger...

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

Farm families may worry about estate tax, but income tax can bring the bigger shock at succession. Learn how depreciation recapture can make paid-off machinery trigger a tax bill, and how a basis step-up may lower taxes when heirs sell inherited land.