Form 8594, Asset Acquisition Statement Under Section 1060

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:

Form 8594

None at this time.

• goodwill or going concern value attaches, or could attach, to such assets and
• the purchaser's basis in the assets is determined only by the amount paid for the assets.