EY has partnered with Nvidia to enhance its services using AI technology. This collaboration aims to deploy “AI agents” that will support EY’s global workforce, helping them with tasks like tax compliance and decision-making in finance and risk management. Raj Sharma, EY’s global managing partner, emphasized that these AI agents will provide businesses with crucial ...
EY, a major consulting firm, has teamed up with Nvidia to introduce AI agents that will support its global workforce. Raj Sharma, EY’s global managing partner for growth and innovation, highlighted that these AI agents will automate and enhance business operations, particularly in tax, risk, and finance. The collaboration aims to develop the EY.ai Agentic ...
EY, a prominent accounting and consulting firm, is enhancing its partnership with NVIDIA to launch the EY.ai Agentic Platform. This innovative platform will utilize NVIDIA’s advanced AI technology to facilitate real-time responses to events, adapt to changing regulations, and improve financial decision-making. The platform will integrate AI reasoning models with human knowledge, aiming to boost ...
EY has expanded its collaboration with NVIDIA to create the EY.ai Agentic Platform, using NVIDIA’s AI technology. This new platform will help EY’s professionals respond quickly to events, adapt to changes in regulations, and enhance financial decision-making. It combines AI agents with human knowledge, aiming to improve productivity in tax tasks by handling over three ...
Cryptocurrency is gaining popularity in the U.S. as both an investment and a transaction method, prompting the IRS to impose complex reporting requirements. Recent updates from the IRS, specifically Revenue Procedure 2024-28 and Notice 2025-7, have clarified the reporting obligations for cryptocurrency owners. Cryptocurrencies are considered property, meaning that capital gains, income from sales, and ...
Cryptocurrency has become increasingly popular in the U.S. as an investment and transaction method. As its use grows, the IRS has introduced complex reporting requirements for taxpayers. Recent guidelines, such as Revenue Procedure 2024-28 and Notice 2025-7, clarify the responsibilities for cryptocurrency owners, detailing how these digital assets are taxed and reported. Cryptocurrencies are treated ...
The IRS Criminal Investigation division released its Fiscal Year 2024 report, highlighting recent efforts against tax evasion and financial crimes, especially in the cryptocurrency sector. Among significant developments, a U.S. taxpayer has pleaded guilty to tax evasion linked to cryptocurrency, and Binance Holdings settled a major case for $4 billion. The IRS has also initiated ...
