Place ground beef and onion in a Dutch oven over medium heat. Cook until beef is browned and onion is tender, stirring to break up meat. Drain. Stir in remaining ingredients except garnish; bring to a boil. Reduce heat and simmer, uncovered, for 15 minutes, stirring occasionally. Spoon soup into bowls; top with desired toppings.
Tip: Freeze extra Taco Soup or chili in small containers…pop in the microwave for taco salads, chili dogs or nachos at a moment's notice.
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