Global Tax Preparation Software Market Growth (Status and Outlook) 2025-2031

Global Tax Preparation Software Market Growth (Status and Outlook) 2025-2031

The global Tax Preparation Software market size is predicted to grow from US$ 9522 million in 2025 to US$ 11580 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.

Tax compliance software is software that assists tax compliance, and may cover income tax, corporate tax, VAT, service tax, customs, sales tax, use tax, or other taxes its users may be required to pay. The software automatically calculates a user"s tax liabilities to the government, keeps track of all transactions (in case of indirect taxes), keeps track of eligible tax credits, etc. The software can also generate forms or filings needed for tax compliance. The software will have pre-defined tax rates and slabs and can allocate income or revenue in the right slab itself. The aim of the software is to provide the user with easy way to calculate tax payment and minimize any human error. Tax compliance software has been present in developed countries for long in the form of tax calculators mainly for direct taxes, such as income tax and corporate tax. Gradually some more complex and customized tax compliance software has been designed and developed by organizations around the globe. Tax compliance software can be divided into two main categories: direct and indirect tax compliance software.

United States market for Tax Preparation Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Tax Preparation Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Tax Preparation Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Tax Preparation Software players cover TurboTax, QuickBooks, TaxAct, CompleteTax, Jackson Hewitt, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Tax Preparation Software Industry Forecast” looks at past sales and reviews total world Tax Preparation Software sales in 2024, providing a comprehensive analysis by region and market sector of projected Tax Preparation Software sales for 2025 through 2031. With Tax Preparation Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tax Preparation Software industry.

This Insight Report provides a comprehensive analysis of the global Tax Preparation Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Tax Preparation Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tax Preparation Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tax Preparation Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tax Preparation Software.

This report presents a comprehensive overview, market shares, and growth opportunities of Tax Preparation Software market by product type, application, key players and key regions and countries.

Segmentation by Type:
Linux
Macintosh OS
Microsoft Windows

Segmentation by Application:
Personal
Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TurboTax
QuickBooks
TaxAct
CompleteTax
Jackson Hewitt
H&R Block
TaxAct
Liberty Tax
TaxSlayer

Please note: The report will take approximately 2 business days to prepare and deliver.