Many farm families plan for estate tax, then face a bigger income-tax bill when...

https://www.bookmarking-base.win/farm-families-often-fear-estate-tax-but-income-tax-can-bring-the-bigger

Many farm families plan for estate tax, then face a bigger income-tax bill when the next generation takes over. A paid-off tractor can still trigger depreciation recapture: tax on deductions the farm took in earlier years