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. 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. Use Form 8949 to report sales and exchanges of capital assets. â–· Attach to your income tax return. Yes. Certificates of formation can be filed online through SOSDirect 24 hours a day, 7 days a week.