Tax software is defined as a type of computer software designed to help individuals or companies prepare for and file income, corporate and similar tax returns. Tax software streamlines the process of filing taxes by walking the user through tax forms and issues and also automatically calculates the individual's or company's tax obligations. Many personal tax software applications are now available in the traditional physical box software format (retail software) as well as in hosted online service (SaaS) formats.
Recommended Reading: SOHO Business Solutions: Accounting and Finance Software.
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