The “big, beautiful bill” extends many tax cuts enacted during the first Trump administration in 2017 — and adds some new ones. Here are some key provisions taxpayers need to know.

The sprawling budget bill signed into law by President Donald J. Trump on July 4 after it squeaked through Congress has many far-reaching effects for consumers, as well as for the economy at large. Taxes top the list.

Originally published on nerdwallet.com, part of the BLOX Digital Content Exchange.

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