Live audio streaming

I am new to audacity and I apologize if my question is a bit basic. I am looking to be able to reduce buzz during a live audio stream. Does audacity do this and if so can someone please teach me how? Thank you all in advance. I am currently using windows 7 and windows 8 depending on which computer I have with me.

Audacity doesn’t do anything in real time. If you’re downloading or capturing a stream, you can store the show and filter it in post production. That’s possible.

Koz