It is possible to change the format of your Terms for Current Post display. You can also add your CSS to the display of terms.
Go to TaxoPress > Terms for Current Post and you can add your CSS to the whole div or to specific links. You can do this using the settings below:
Here is an example of adding classes to these fields:
I can then add the CSS for those classes to my theme, or to the “Customize” feature of WordPress.