Online Tax Preparation is a service that allows individuals and businesses to file their taxes over the internet. Users can access software or websites that guide them through the tax filing process, often providing step-by-step instructions. This method is convenient, as it can be done from home and at any time, making it easier to gather necessary documents and information. Many tax preparation companies offer online platforms that include features like automatic calculations, e-filing, and access to tax professionals for assistance. These services often come with various pricing options, catering to different needs, from simple returns to more complex tax situations.