On July 1 of year 1, Riverside Corporation (RC), a calendaryear taxpayer, acquired the assets of another business in a taxable acquisition. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity.The simplest way to report the sale of a single asset in TurboTax, is to report the sale where you have the asset listed. Checklist for Starting a New Business ; Record a Fictitious Business Name Visit the Riverside County Clerk and Recorder's Office website or call 951-486-7000. A business usually has many assets. Who must obtain a seller's permit? What does engaged in business mean? As leaders in core banking systems and digital banking solutions, we help you deliver a seamless experience across every customer touchpoint. Official Website for Riverside County California Clerk Recorders Office.