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ThRochester Township Olmsted County Minnesota 4111 11 Ave. SW Rochester, MN 55902Rochester Township Board Meeting Minutes January 13, 2022 Meeting was called to order at 7:00 pm by Chairman Matt

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Form 8594, also known as the Asset Acquisition Statement, is a tax form used to report the sale of a business.

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Both the buyer and seller of a business are required to file Form 8594 when the sale involves the transfer of a business's assets.

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To fill out Form 8594, provide information about the buyer and seller, describe the assets transferred, and report the allocation of the purchase price among the assets.

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The purpose of Form 8594 is to ensure proper reporting of asset sales for tax purposes and to establish the allocations of the purchase price between various assets.

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Form 8594 requires reporting the names and addresses of the buyer and seller, a description of the transferred assets, and the allocated purchase price.

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