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

https://veloriftlabs.com/s/FZmkHzZCU-OD-_CcCtE-1

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. This article explains how depreciation recapture on paid-off equipment can raise the bill, and how a basis step-up may help heirs.