Farm families often worry about estate tax, but income tax can bring the bigger...
https://www.runway-bookmarks.win/farm-families-often-worry-about-estate-tax-but-income-tax-can-bring-the-bigger-1
Farm families often worry about estate tax, but income tax can bring the bigger surprise. Learn how depreciation recapture on paid-off machinery can raise the bill, and how a basis step-up may reduce it when heirs take over.