Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Form 8594 must also be filed if the purchaser or seller is amending an original or a previously filed supplemental Form.8594 because of an increase or decrease. Form 8594 is an Internal Revenue Service (IRS) form that provides a structured way to allocate the purchase price of a business among different asset classes. You can pay your business tangible property taxes on your furniture, equipment, computers, machinery, tools, and business vehicles on the online payment portal. Use our self-service options on this website to pay your taxes or make a phone or video appointment at your convenience. In Part IGeneral Information, enter the name, address, and TIN of the other party to the transaction (purchaser or seller).