All posts by Big Sky Headlines

Anticipating America’s 250th

OPINION: One year from today, America will observe its semiquincentennial. That’s a milestone worth celebrating, as few forms of government have lasted 250 years. Our republic’s longevity is a testament to the truth of the propositions set forth in 1776. Donald Trump will rise to the occasion. When the Army knocked on his door, saying Read More…

Irrigation in Montana: Sustaining agriculture, landscapes and communities

Montana’s wide-open spaces and fluctuating climate make water a precious resource. Across the state, irrigation is central not only to agriculture but also to the health of residential landscapes and community green spaces. From century-old canal systems feeding hay fields to backyard sprinklers keeping lawns green in dry summers, water use in Montana requires careful Read More…

Senate moves closer to unscamming Medicaid

OPINION: President Trump is on a roll. By Friday, the stock market had recaptured the value lost after traders sustained a severe case of tariff jitters. A successful strike against Iran’s nuclear development sites ended with a ceasefire. And the One Big Beautiful Bill Act cleared Senate procedural hurdles Sunday. These victories are precarious, as Read More…

Belgium criminalizes memes

OPINION: Europe’s decline into authoritarianism was on display in Belgium last week as an appeals court condemned a former member of the Federal Parliament to a year in jail over internet memes. The politician, Dries Van Langenhove, wasn’t even the one who shared the offending content. As the appellate panel stated, “It is not the Read More…

Trump’s tax bill could end popular ‘SALT’ deduction workaround for certain business owners

Currently, many pass-through businesses use a workaround — the pass-through entity, or PTE, tax — to bypass the $10,000 limit on the federal deduction for state and local taxes, known as SALT. The House-approved bill could block certain pass-through businesses from using the popular state-level tax break. However, this provision could still face changes amid Read More…

House Republican budget bill calls for bigger ‘pass-through’ business tax break. Who could benefit

For 2025, the Section 199A deduction for qualified business income, or QBI, is worth up to 20% of eligible revenue, with some limitations. This applies to so-called pass-through businesses, including sole proprietors, partnerships and S-corporations, along with some trusts and estates. The House Republican bill would make the deduction permanent, raise the maximum tax break Read More…

China tariff ‘stacking’ pushes true cost of import taxes well above 30% on many consumer products

The Trump administration trade deal with China which paused the steepest tariffs on Chinese goods is not offering much relief to importers that face “stacking” of multiple import taxes sending the true cost well above 30%. From apparel to footwear, swimsuits to backpacks, tariff bills range from 40%-70%. Walmart said this week that prices will Read More…

Women small business owners are more worried than men about Trump’s tariffs and the economy

Small Business Playbook Events Women business owners express more concern about inflation, the economy, and a potential recession than male counterparts, according to the latest CNBC|SurveyMonkey Small Business Survey for Q2 2025. Approval ratings of President Trump and his tariffs policy are both much lower among women who own businesses than among male small business Read More…

America’s small businesses preparing for recession with Trump tariffs: CNBC|SurveyMonkey survey

Founding Members CNBC CFO Council Just 30% of small business owners said they would rate the current state of the economy as excellent or good, according to the latest quarterly CNBC|SurveyMonkey Small Business Survey. While inflation and consumer demand continue to roil small business owners, it’s the threat of the potential Trump tariffs that is Read More…

Trump tariffs will lead to abandoned freight at ports as cash-strapped businesses reject orders

President Trump’s new country-specific tariffs, on top of existing trade levies, will raise the cost of imports for U.S. businesses by an exponential amount, though in an announcement during the day Wednesday Trump said some countries, excluding China, would receive a 90-day reprieve. Rick Muskat, president of family-owned shoe retailer Deer Stags which imports its Read More…

Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners

President Donald Trump’s tariffs on Canadian products, along with the escalating trade war and rhetoric between the two nations, is starting to squeeze some small businesses in Vermont. Concerns for those small businesses include a decline in merchandise shipments to Canadian customers, a drop off in Canadian tourism and higher prices from imported products. “I Read More…

Trump retreats more on tariffs after big Wall Street stock selloffs, trade war, recession fears

U.S. President Donald Trump has retreated more on 25% tariffs against Canada and Mexico after Wall Street opened with big losses for stocks Thursday and businesses and consumers worry about higher prices and a potential recession. U.S. Commerce Secretary Howard Lutnick told CNBC Thursday that products and materials governed under the current North American trade Read More…

Treasury Department suspends enforcement of ownership information reporting for millions of businesses

The U.S. Department of the Treasury on Sunday said it won’t enforce the penalties or fines associated with the “beneficial ownership information,” or BOI, reporting requirements. Previously, the Treasury set a March 21 deadline for businesses to comply or risk fines of up to $10,000. The Treasury will also propose regulation to apply the BOI Read More…

In wake of Southern California wildfires, a diverse small business community looks to rebuild

Expanding Opportunity While many in Altadena’s entrepreneurial community remain optimistic about a recovery, multiple business owners described lengthy and difficult roads ahead. Some businesses were burned entirely to the ground, while others face long-term displacement due to damage or smoke. For those fortunate enough to have brick-and-mortar properties still standing, they’re surrounded by what some Read More…