{"id":27240,"date":"2024-10-01T01:22:10","date_gmt":"2024-10-01T01:22:10","guid":{"rendered":"https:\/\/www.growthink.com\/?p=27240"},"modified":"2025-09-26T08:36:09","modified_gmt":"2025-09-26T08:36:09","slug":"ignoring-capital-gains-could-cost-you-millions","status":"publish","type":"post","link":"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions","title":{"rendered":"Ignoring Capital Gains Could Cost You Millions"},"content":{"rendered":"<p>In this video, Geoff Sokol, Wealth Manager for Growthink&#8217;s <a href=\"https:\/\/gtria.com\/\" rel=\"noopener\" target=\"_blank\">GT Investment Advisory<\/a> discusses how ignoring capital gains can devastate your wealth when selling a business. Geoff breaks down the common mistakes business owners make and shares actionable strategies to minimize capital gains taxes.<\/p>\n<p><iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/fjxp66YUKko?si=10UZ5mu5V07I89KE\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this video, Geoff Sokol, Wealth Manager for Growthink&#8217;s GT Investment Advisory discusses how ignoring capital gains can devastate your wealth when selling a business. Geoff breaks down the common mistakes business owners make and shares actionable strategies to minimize capital gains taxes.<\/p>\n","protected":false},"author":29266,"featured_media":27241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-27240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ignoring Capital Gains Could Cost You Millions - Growthink<\/title>\n<meta name=\"description\" content=\"Discover strategies to minimize capital gains taxes when selling your business in this video with Geoff Sokol from Growthink&#039;s GT Investment Advisory. Learn how to protect your wealth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ignoring Capital Gains Could Cost You Millions\" \/>\n<meta property=\"og:description\" content=\"Discover strategies to minimize capital gains taxes when selling your business in this video with Geoff Sokol from Growthink&#039;s GT Investment Advisory. Learn how to protect your wealth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\" \/>\n<meta property=\"og:site_name\" content=\"Growthink\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.entrepreneur.com\/author\/jay-turo\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-01T01:22:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-26T08:36:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.growthink.com\/wp-content\/uploads\/Ignoring-Capital-Gains-Could-Cost-You-Millions.png?_t=1758875770\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jay Turo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jay Turo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\"},\"author\":{\"name\":\"Jay Turo\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/person\/aa92b627571c277bb74cc60a14081273\"},\"headline\":\"Ignoring Capital Gains Could Cost You Millions\",\"datePublished\":\"2024-10-01T01:22:10+00:00\",\"dateModified\":\"2025-09-26T08:36:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/www.growthink.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Ignoring-Capital-Gains-Could-Cost-You-Millions.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\",\"url\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions\",\"name\":\"Ignoring Capital Gains Could Cost You Millions - Growthink\",\"isPartOf\":{\"@id\":\"https:\/\/www.growthink.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/content\/ignoring-capital-gains-could-cost-you-millions#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Ignoring-Capital-Gains-Could-Cost-You-Millions.png\",\"datePublished\":\"2024-10-01T01:22:10+00:00\",\"dateModified\":\"2025-09-26T08:36:09+00:00\",\"description\":\"Discover strategies to minimize capital gains taxes when selling your business in this video with Geoff Sokol from Growthink's GT Investment Advisory. 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