ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. With its headquarters in Minneapolis, Minnesota and offices throughout the United States, ICS provides service nationwide.
A class action lawsuit was filed on behalf of merchants against Visa and Mastercard, alleging antitrust violations. The merchants claim that these companies engaged in anticompetitive behavior by setting fixed interchange fees, which are the charges merchants incur for processing card transactions. This lawsuit argues that such practices led to increased costs for merchants and, ultimately, consumers.
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