Farm families often fear estate tax, then face a bigger income-tax bill at...

https://dibz.me/blog/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis-1282

Farm families often fear estate tax, then face a bigger income-tax bill at succession. Learn how depreciation recapture taxes past equipment write-offs, while a basis step-up can reset inherited asset values—and what to review before transferring the farm