Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. 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. If you sold business-use property during the year, you had a gain or a loss on the sale. Complete and file Form 4797: Sale of Business Property. Asset sales are types of business transaction where buyers purchase assets from a business, and the sellers retain legal ownership of the company. Discover how to launch your business in San Antonio with out all-inclusive guide. Find out how to navigate registration, taxes, licenses, and more. Browse 139 San Antonio, TX business opportunities available on BizBuySell. In Texas, there is no state capital gains tax, which means you will only be required to remit capital gains taxes to the federal government.