Original article from edwardjones.comPresident signs federal tax bill into law On July 4, the President signed into law H.R. 1, the One Big Beautiful Bill Act, which extends several provisions of the 2017 Tax Cuts and Jobs Act (TCJA) and includes additional changes that were highlighted during the Trump campaign. As part of the bill, the debt ceiling was also raised by $5 trillion. We offer some highlights:Extensions of certain TCJA provisions The bill permanently extends certain provisions of TCJA that