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.Secure your San Antonio small business's transactions today! Our asset purchase agreements from Dan Burke are created to account for all of your assets. Complete, sign, and return this form to the Personal Property Division, Bexar. Appraisal District, PO Box 839946, San Antonio, TX 78283-3946. A form 8594 needs to be completed and both the seller and buyer need to attach this to their respective tax returns for the year of sale.