Many farm families worry about estate tax, but succession can bring a bigger...

https://www.nav-bookmarks.win/farm-families-may-worry-most-about-estate-tax-but-income-tax-can-bring-the

Many farm families worry about estate tax, but succession can bring a bigger income-tax bill. See how selling equipment can trigger tax on past depreciation, and how a basis step-up can reduce tax on inherited assets.