interesting read
http://www.revscene.net/forums/692680-vehicle-purchase-audit-question.html
something similar to op. buys bike for cheap. a transfer btwn relatives. government says it sold below market and is after cash for tax
That's just fishing by the government. You throw such letter right into the garbage bin and forget about it. They feed on inexperienced and paranoid people.
I pay enough taxes and fees as it is. Will not support this bloated bureaucracy any more than I absolutely have to.