You can pay your business tangible property taxes on your furniture, equipment, computers, machinery, tools, and business vehicles on the online payment portal. 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.The Code of Virginia requires all business owners, including home based businesses, to annually report business tangible property for taxation. An asset list is a list of ALL items you have purchased or acquired for conducting your business. The list should include a brief description of each item. A collection of important documents, and forms. The files below are in .