Magento 2 Connect helps to add or modify tax rule names, navigate to the 'Stores' section in the admin panel, and select 'Tax Rules.' Click 'Add New Tax Rule' or edit an existing one. In the 'Name' field, enter the desired name for the tax rule. This can include specific names for different regions or types of products. Save the changes to update the tax rule. This feature helps ensure accurate tax calculations and compliance with regional tax regulations, enhancing the store's operational efficiency.