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

https://wiki-saloon.win/index.php/Why_Does_a_Machine_That_Shows_Zero_on_the_Books_Still_Create_a_Real_Tax_Bill%3F

Farm families may worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture can tax years of equipment write-offs, while a basis step-up may lower the tax bill on inherited land.