Take Advantage in 2021 with Barry Devine

Randy talks to Barry Devine of Tri-Merit about the incredible opportunities available with the Employee Retention Credit, or ERC, in 2021. They explain the big changes that occurred with the two most recent stimulus bills—which expanded the amount of credit available to businesses—how any excess credit that exceeds payroll tax liability goes back into the business as cash, and talk about some potential interplays between ERC and other tax credits.

Important Links

Barry Devine on LinkedIn


ERC information at IRS.gov

About the Guest

Barry Devine, MBA, is a Regional Director at Tri-Merit who has spent more than 15 years advising clients on research and development (R&D) tax credit incentives. He has helped hundreds of companies successfully claim R&D tax credits and has saved taxpayers millions of dollars in federal and state research credits. He has extensive experience with building credits and incentives practices and his roles have included project management, developing project processes and deliverables, audit representation, software development and most recently, business development activities. Barry has experience in many industry sectors such as architecture and engineering, manufacturing, computer science and defense contractors.

Barry holds a bachelor’s degree from Loyola University New Orleans in psychology and marketing and an MBA in operations management/project management from Regis University in Denver, CO.

Fun Fact: Outside of work Barry spends his time enjoying the Colorado Mountains: Skiing, hiking, fishing and spending time with his wife and two kids.