September 2021 Newsletter

April’s big tax day might feel like a long way off, but it’s never too late to start thinking about how to make it as smooth as possible. For example, if you know you’re going to owe money, start setting some aside now so you don’t have to scramble come the spring. You can also try to minimize what you might owe by taking one or more of the following measures:

  • Consider donating to a favorite charity. And remember that donations don’t always have to be monetary—many nonprofit organizations accept goods like gently used appliances, toys, books, and clothing. If you volunteer for an acceptable entity, although you can’t deduct your time, you might be able to deduct some out-of-pocket expenses such as travel, gas, and uniform costs. Be sure to collect documentation and receipts for any donation you make.
  • Contribute to a retirement account. Depending on the type of account you choose, the money you put in could be tax-deductible, and it’s a great start to a future nest egg.
  • If you’re self-employed or have a side gig, home-office or other related expenses might be deductible. Be sure you’re tracking and keeping proper records of how much money goes where.
  • Increase your skills while earning a credit. The government offers a lifetime learning credit of up to $2,000 per year to help pay for qualifying educational and job-skills expenses. If you’ve already been taking classes, be sure to hang on to all documentation, and if not, look into whether this is a viable credit for you.
  • Check into state credits you might be eligible for. In Colorado, for example, if you contribute to a 529 plan, you might be able claim some as a deduction.

Bear in mind that everyone’s situation is different—what works for one taxpayer might not for another. Please consult a tax adviser for further information regarding your particular circumstances and the deductibility of any of these options.


As a relatively new state (especially compared to areas in the East), it’s easy to forget that Colorado is actually very rich in history. In fact, the state boasts numerous historic districts, which are protected and preserved as areas of architectural and historic significance. In these areas, you can walk where heroes and legends walked, where men and women of the past shaped the Colorado we know today. In fact, many of these areas offer self-guided tours, which you can do at your own pace, learning about the important parts of our past as you understand how they mesh with our present. Here are just a few of the popular options:

  • About two hours into the heart of the mountains from Denver, Leadville was part of the booming gold mining trade in the 1800s. The easy-to-follow online Leadville walking tour takes you past numerous sites and buildings that were instrumental to Leadville’s rise, including the original home of Horace and Augusta Tabor, the Hyman Block (where Doc Holliday shot his last man), the town’s first saloon, and numerous local churches.
  • Easily accessed from I-70, Idaho Springs is just about 40 minutes from Denver. Considered the epicenter of the Colorado Gold Rush, Idaho Springs now is home to a downtown National Historic District that boasts well-preserved early mining homes and places of worship. If you travel west on I-70 another 20 minutes, you’ll find Georgetown, which is a quaint mining town that lines the highway. Here you can view historic properties, including numerous homes of the wealthy and those hoping to become so, as well as the last surviving mill structure in the town.
  • Further into the state, Telluride hosts numerous Victorian-era homes, historic buildings, and more. With this self-guided tour, you’ll discover a variety of interesting spots, including a home that was used as a hospital during the flu epidemic of 1918, a social center for the large Scandinavian population of the time, and one of the oldest bars in the West. Plus, you can tack on a few extra blocks to take in a Butch Cassidy robbery site, an old graveyard, and the Old Town jail.
  • Head to northern Colorado and Fort Collins, where you can walk through historic downtown to discover the town’s first schoolhouse, the town’s first armory, and the town’s first firehouse.
  • And for some days-long adventure, try the South Park National Heritage Area geocache tour. Simply by downloading the free geocache app, you can use your phone to explore the 1,700-square-mile area to find specific mines, ranches, and other historic sites that have hidden geocaches. Each area is described on its geocache page, so you can get a feel for its significance.
  • Other available tours include the Denver historic walking tour, the Durango historic walking tour, and the Cañon City self-guided tour. To get more information on touring other Colorado historic districts, be sure to check with the local visitor or heritage center. And then get out there and explore!

As a not-for-profit, Colorado-based financial cooperative, Bellco is committed to providing tools and resources to help our members and the community feel financially empowered. One way we've done this is by collaborating with Denver 7 to provide communities across Colorado with helpful financial tips.

In a recent Denver 7 newscast, reporter Eric Lupher talked about ways to build good financial habits for kids who are gearing up for their return to classrooms. You can view the segment below:

To learn more about about topics, strategies, and best practices for having family conversations about money, visit our MoneySmarts page.

By Allstate Roadside Services

Whether you are traveling with friends and family or enjoying some much needed alone time, road trips are a fun way to explore locales near and far. Don’t let an on-the-road issue slow you down.

This year, bring something along with you that can save you time, money, and hassle—and won’t take up space in the trunk: Signature Motor Club from Allstate Roadside Services.

Basic Plan: $5.75 per month for 10 miles of towing
Standard Plan: $6.25 per month for 25 miles of towing
Premier Plan: $7.34 per month for 100 miles of towing

◊ Plans also include fuel delivery* of up to two gallons, jump starts, and flat tire and lockout services

◊ Covers multiple drivers in your household in any car—including rentals**

◊ With just one roadside incident per year, the annual cost of your membership could pay for itself

◊ Continuous updates in real time—stay informed about the status of your request while watching your rescue provider approach on the map

Signing up is easy. Choose the Signature Motor Club plan that's right for you and your family, and drive with confidence! Sign up today at

*Customer pays for the cost of gas. **Coverage includes member, one other adult, and kids aged 16–18. All plans are products of and are administered by Signature Motor Club, Inc. Subject to terms and conditions. ©2021 Allstate Insurance Company. All rights reserved.