Since a senior's income might be $2000 per month and they have bills to pay, a live-in caregiver might be paid $700 per month. I have taken as little as $600/mo and no more than $1200. Although I have heard of people in affluent areas making $4000/mo. If you need 24/7, your best bet is to hire a live-in.
Although the IRS's statute of limitations for an audit is three years, tax experts recommend that you retain all tax records for seven years in the event that there are questions about the deceased person's final return.In addition, each state has its own requirements.hich Records to Keep. Additional records besides the deceased's final tax return need to be retained. A quick list of items to keep 1  : Paper copies of pay stubs, insurance policy statements, credit card statements, bank and investment statements and receipts that aren't tied to deductions can be shredded after one year.
1 You do not file a return; keep records indefinitely. 2  You file a claim for credit or refund* after you file your return; keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later.earCustomer. While 3 years is a basic time limit for some records, inlducing the W-2, 1099, and 1098, and receipts, 3 years for those records may not be sufficient.