At succession, many farm families worry about estate tax, but income tax can...

https://harpersnewinsight.brightsora.com/posts/what-questions-should-i-ask-an-agriculture-accountant-about-basis

At succession, many farm families worry about estate tax, but income tax can bring the bigger shock. Learn how selling equipment can trigger depreciation recapture, and how a basis step-up may lower taxes on inherited land.