The S.C. Department of Motor Vehicles will begin accepting documents from South Carolinians seeking a REAL ID-compliant driver's license or identification card.

The agency stressed changing driver's licenses or state-issued ID cards to a REAL ID-compliant card is optional and voluntary. "If you feel you will not be boarding a commercial flight, visiting a secure federal building, or a military base, you do not need a REAL ID-compliant license or ID," the agency said in a release. The agency noted that residents who have received their first-ever SC license or ID during or after November 2010, do not have to bring documents. "If you have a valid U.S. passport/passport card, military ID, or another federally approved identification, you may use that as your form of identification to board a commercial flight or visit a secure federal building or military base, but you must carry it with you for the above activities," the agency added.

Many of you have heard that President Donald Trump has proposed changes to the tax laws, some of which includes lowering the rates paid by businesses. Here are a few of the highlight's of the proposed plan:

Individuals have a higher standard deduction.

The standard deduction is a default amount of money that can be exempted from income taxes. Currently the standard deduction amount for single filers is $6,300, while the number for married couples is $12,700. Under Trump's plan, the standard deduction would double. A single filer would be able to deduct $12,600 from his taxes, while the deduction for joint filers would be $24,000.

The Internal Revenue Service (IRS) has announced the launch of a new online application to help taxpayers. The new tool, available on IRS.gov, allows taxpayers to view their tax account balance online. The balance includes any amount owed for tax, as well as penalties and interest for each tax year. Once you view your balance, you can take advantage of online payment options, including direct pay, pay by debit or credit card and Online Payment Agreement.

For those of you who may have to fork over soem additional funds to Uncle Sam, there are several options available for making payments.

If you can't pay your tax bill in full, a payment plan may be an option. Additional information about all payment and payment plan options can be found at www.irs.gov/payments and in Publication 5034, Need to Make a Payment? (English & Spanish).

The IRS also offers taxpayers the ability to pay using their mobile device through the IRS2Go app, available on the Apple or Google Play store.

On January 23, Senators Bill Cassidy, MD (R-LA), Susan Collins (R-ME), Shelley Moore Capito (R-WV), and Johnny Isakson (R-GA) released legislative text for the "Patient Freedom Act of 2017," a replacement plan for the Affordable Care Act (ACA, i.e., Obamacare). The bill would repeal the individual and employer mandate and other ACA provisions, but allow States to either (a) elect to retain ACA provisions (with federal assistance), or (b) chose one of two alternatives: either adopt a market-based health insurance system under which Roth Health Savings Accounts are created for residents enrolled in qualified health plans (with federal assistance), or design and regulate insurance markets for their specific needs (without any federal assistance). The lawmakers said this was not intended as a final bill, but rather a starting point for discussions around repealing the ACA.

We will keep you posted as things develop.