The original title for this article was going to be: "You mean I have to pay taxes on this?" This was inspired by conversations with a number of business brokers, because someone who has owned a business for 30 years, just might forget. If you own a business, chances are that someday will want to sell your business. What some owners forget is that when they sell their business (and not everyone can), capital gains taxes will be due! This article was written for owners as a reminder of how important it is to 'think early'.