Many farm families plan for estate tax, then face a bigger income-tax bill when...
https://www.deltabookmarks.win/at-succession-farm-families-may-worry-about-estate-tax-but-income-tax-can
Many farm families plan for estate tax, then face a bigger income-tax bill when heirs sell equipment or land. Learn how depreciation recapture works and how a basis step-up can reduce taxes on inherited property.