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

https://uniform-wiki.win/index.php/Can_a_once-a-year_return_really_miss_a_huge_future_tax_bill%3F

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