What is Tax Software?

Tax software is designed to help individuals and companies prepare and file income, corporate and other tax returns. This system streamlines the method for tax filing by guiding the user to correctly fill up tax forms and complete related work. It automatically calculates the tax obligations of both individuals and businesses. Individuals can purchase and utilize personal tax preparation software, while enterprises need to spend on business tax preparation software. Personal tax software platforms are sold both in physical box format (retail solutions) and as cloud-hosted SaaS systems.

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