The National Directory of Certified Public Accountants

Ask A CPA - Buying & Selling a Business

When Selling A Business Including Goodwill , Which Entities Must File Form 8594 ?

Subject to certain exceptions sole proprietorships, C and S Corporations, Partnerships and 1041 Fiduciaries must file Form 8594 when a business is sold inclusive of goodwill. Speak to your local CPA about the Form 8594 requirements.

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