The tax landscape has changed drastically, but the best tax software will always hold high value under the most volatile economic circumstances. The federal and state governments have extended filing deadlines, mailed stimulus checks and other forms of aid, and allowed for deferred employer payroll taxes.
Tax preparation requires constantly keeping abreast of changing tax laws, which became more difficult in the past year with the effects of COVID-19. As a dedicated tax preparer taking the administrative and logistical burden off of taxpayers who simply don't have the time or means to carry it themselves, you want to have tax software that provides a high security and efficiency level. You want software that meets your needs and, above all else, the needs of your clients. Whether you are an independent tax professional or a CPA working in a large firm, you want to make sure you are using the best professional tax software available.