This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Business Sale Asset With Customer In Riverside
Category:
State:
Multi-State
County:
Riverside
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. This agreement defines everything that you intend to purchase including business assets, customer lists, intellectual property and goodwill.Seize this fantastic opportunity to own a fully equipped and licensed food truck, ready to operate in the bustling Los Angeles and San Bernardino Counties. If it is a sale of assets, the company shares are retained, and the buyer purchases the business (assets, stock, goodwill, etc.) from the company. An asset sale involves the individual sale of the business's assets. I sold my sole proprietorship in 2021 and need to report the proceeds of the sale. However, I understand it's not taxed as regular business income.