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 you are thinking about purchasing a business from someone, you should be aware of Pennsylvania's Bulk Sale Law.New entity filing forms are available on the "Initial Forms" tab. Assets that makes up a trade or business must use Form 8594 to report such a sale if goodwill or going concern value attaches, or could attach, to such assets. Learn about forming and registering your business online, and how to complete other types of business filings. Register your business (opens in a new tab). To form an LLC, a Certificate of Organization is required to be filed with the Corporation Bureau of the. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Our business law attorneys in Allegheny and Westmoreland Counties can review all your options when determining business structure and business formation. Whether you're looking to grow your business, relocate, or start a new business, Allegany County offers the resources and services to help you at every step.