• 2025 Business Personal Property Return. The return should include the tax due from business operations to the last day of business, as well as any tax collected on assets that you sell.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. What type of report do I complete? If you operate a business or own assets used in a business, you should complete the Business Personal Property Return. Connect with a Financial Advisor. Let's talk about your needs and objectives. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Assessment and appraisal of all individual personal property, business personal property and real estate property in the county.