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.
Form 8594 For Stock Purchase In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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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. 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. Today's goal is to help you understand the importance of IRS Tax Form 8594 in preparing for sale of your business to a third party… A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price. For a list of forms and schedules available in ATX, please click on federal forms or select a state.