Farm families often expect estate tax to be the big succession bill, but income...

https://collinnfmn145.theburnward.com/what-is-the-biggest-tax-mistake-families-make-when-handing-the-farm-to-the-kids-early

Farm families often expect estate tax to be the big succession bill, but income tax can sting more. See how depreciation recapture on paid-off equipment and resetting an inherited asset’s tax value can change the numbers.