Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, filing deadlines, tax trivia, and more.

Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)

The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday Americans who are navigating new tax-code complexities within the One Big Beautiful Bill Act that President Donald Trump signed into law on July 4.

After narrowly squeaking through the House on Thursday, the "big, beautiful bill" now heads to the president's desk for his signature. As part of the legislation, workers who rely on tips for a large share of their income, such as waiters, bartenders and hairdressers, will see relief from federal income tax on those tips.

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits

Arizonans will see major changes to Medicaid, tax cuts and food stamps after Trump's Big Beautiful Bill passed. The Gaggle dives into the details.

The tax and spending package includes $66.4 billion in new money for programs assisting farmers, strengthening the safety net if there is significant volatility in crop prices and revenues.

What do you think of President Donald Trump’s so-called “big, beautiful bill, which he signed into law on July 4 after narrow passage in the U.S. House and Senate.