On March 23, 2020 Captive owners began receiving IRS Letter – “Micro-Captive Insurance”. The mass-produced form letter is a non-event, as it merely reminds everyone that premiums paid to captive programs similar to those in recent tax court cases may not be deductible. Clients who have taken the time to analyze both good and bad fact patterns in prior tax court cases and have a compliance-first mentality, can have confidence in the Tax Court to provide an objective review of their individual program. With all that is going on in the world today, and captive programs proving to be the only source of potential benefits to policyholders for the current pandemic, one has to question the timing of a non-news worthy “Public Service” announcement, containing information the entire industry already knows.