Farm families often expect estate tax to be the big succession cost, but income...

https://dibz.me/blog/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis-1282

Farm families often expect estate tax to be the big succession cost, but income tax can hit harder. Learn how depreciation recapture on equipment and the tax-value reset heirs get when they inherit assets can change the bill before the farm changes hands.