You can still reduce your 2024 taxes with these strategies [Video]

There’s still time to lower your taxes or boost your refund for 2024, financial experts say.

Typically, there’s a refund when you overpay taxes during the year via withholdings or estimated payments. You can expect a tax bill when you don’t pay enough.

Since the Tax Cuts and Jobs Act of 2017, or TCJA, there are fewer ways to reduce your taxes, said certified financial planner and enrolled agent Tricia Rosen, founder of Access Financial Planning in Newburyport, Massachusetts.

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When filing taxes, you take the standard deduction or total itemized tax breaks, whichever is larger.

Enacted by former President Donald Trump, the TCJA doubled the standard deduction, which …