Many farm families plan for estate tax, then get blindsided by income tax when...

https://johnnywyan573.lowescouponn.com/what-is-the-hidden-tax-liability-inside-farm-assets

Many farm families plan for estate tax, then get blindsided by income tax when the next generation takes over. The culprit may be depreciation recapture: selling equipment that’s long paid off can still create a taxable gain