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

https://cashsinterestingblog.zenbloomer.com/posts/irc-1245-vs.-1250-what-matters-for-my-farm

Farm families often fear estate tax, but income tax can bring the bigger surprise at succession. Learn how depreciation recapture can tax gains on equipment and how a basis step-up can reset inherited asset values and lower the tax burden.