Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale if goodwill or going concern value.Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. We are an elite specialized team of property managers and real estate experts serving Fairfax, Washington DC, and Montgomery County in Maryland. The instructions are also provided under Forms on this website.