Submitted

Changes in the federal tax code were the topic of the program presented at the Thursday, Feb. 12 meeting of the Trenton Rotary Club, held in the BTC Bank community room. Scott Sharp presided at the meeting. Dan Wilford gave the prayer, and Brian Upton served as sergeant at arms.

Program chairman Michael Ormsby introduced CPA Whitney Esry, who discussed tax savings individuals, couples and families will realize from legislation passed in 2025. While individual tax rates and capital gains will remain the same, areas such as the child tax credit and estate tax credit will see slight increases. Car loan interest can be deducted up to $10,000 for a new vehicle, and there will be no tax on tips through 2028. Overtime changes will be reflected on W-2 forms each year.

Mrs. Esry said persons expecting a refund this year will have funds directly deposited, which she noted is faster and more secure than receiving a check. For those who gamble, up to 90 percent of losses can be deducted. The 2025 standard federal deduction for persons married and filing jointly is $31,500.

During the business meeting, the club discussed the community fireworks show in connection with the USA’s 250th celebration this year. The club will not sponsor this year’s fireworks show, as had been announced after last year’s program, but will provide monetary support. It was noted that some groups have discussed possibly taking on the fireworks effort, although no decisions have been made. Organizations interested in assisting may contact Mayor Jackie Soptic at City Hall.

The club will hold its next meeting at noon Thursday, Feb. 19, in the BTC Bank community room. Elizabeth Gibson is the program chairman.