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.Enter your name and taxpayer identification number (TIN) at the top of the form. Then check the box for Purchaser or Seller. IRS Form 8594 only requires a breakdown of asset value into seven categories, designated as "Classes I through VII. To ensure you are able to view and fill out forms, please save forms to your computer and use the latest version of Adobe Acrobat Reader.