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

https://www.red-bookmarks.win/farm-kin-may-fear-estate-tax-yet-income-tax-can-bring-a-bigger-hit-at-handoff

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. Learn how selling equipment can trigger tax on past depreciation, and how a basis step-up can reduce tax on inherited land.