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Joe Calderaro, IRS

Just in time for next year’s taxes 😉 … One of our qualified accountants, Carl Middione, introduced Joe Calderaro from the US Internal Revenue Service, to discuss recent news and perspective direct from the IRS itself.

Joe discussed second home mortgage interest strategies, investment interest, and SUV purchases for business use. We also asked questions about the Alternative Minimum Tax, flat tax (or a national sales tax), 1031 Exchanges for rental property, and the self-employment tax.

If you have questions, ask one of our Rotary club accountants!

Emergency Preparedness

Today we heard about the City of San Jose’s Office of Emergency Services, and its suggestions for emergency preparedness.

In addition to providing a number of thoughtful suggestions, our speaker also distributed a copy of a recent Mercury-News story on small business disaster planning. He also provided copies of “Putting Down Roots in Earthquake Country,” a publication of US Geological Survey.

Other Emergency Planning Resources:

Financial preparation information:
Red Cross, Association of Bay Area Governments, Operation Hope

Disaster aid information: FEMA

Dist 5170 Honoring Community Members

During the annual District 5170 Convention, our club will join others throughout our four-county area in honoring non-Rotarians who nonetheless demonstrate excellence and “service above self” in the professional endeavors.

The Friday Luncheon …. in addition to a great keynote, our Dist 5170 honors Marlene Bjornsrud for professional excellence in her career. Marlene has spoken to our club twice in the past three years, most recently as the CEO of the Bay Area Womens Sports Initiative.

Saturday Breakfast … another great speaker, plus our club honors Moryt Milo, editor of the Campbell Reporter and Willow Glen Resident. Moryt has also spoken to our club, and has provided extensive media coverage of our activities and those of our luncheon host EMQ. Plus, she clearly exhibits “service above self.”

Update: Following Saturday’s awards breakfast, Milo penned an optimistic editorial about volunteer service and the impact that service has in our community.

Veronica Dostal, Financial Counselor

Rotarian Dea Wilson introduced Veronica Dostal to our club to discuss the relationships we have with money (and the relationships money has with us). She presented a framework of money management styles, and encouraged partners to communicate openly about money. She also reflected on the relationship we have with our spouses and with our parents, and how that impacts our choices with money today.

Her framework included the “Money Habitudes” money assessment cards and the six types of relationships we tend to have with money.


Today, our Club hosted the Southwest Regional Contest for the District 5170 Richard D. King Annual Youth Speech Contest.

Having won top honors at their Club and Area contests, high school students participated in the contest. Each of them presented their thoughts on “Service Above Self … Because We Care,” and two students have advanced to the final round:

Andrew Mok (RC of Cupertino)
Divya Musinipally (RC Almaden Valley)

Although they did not advance to the finals, we also extend our congratulations and appreciation to our other contestants:

Levi Sharpe (RC of Watsonville)
Chris Morsilli (RC of Gilroy)

The final competition will be held on Sunday morning, April 30, as part of the District Conference.