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. 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. Business Assets The University will purchase the business assets of Mission set forth in the. To file for an assessment appeal, you must timely complete an Assessment Appeal Application (form BOE-305-AH).