Adams and Cuomo request tax return extensions, postponing public disclosures until at least fall.

Both Mayor Eric Adams and former Governor Andrew Cuomo have filed for extensions on their tax returns for the year 2024, indicating that the public may not have access to their financial disclosures until at least the fall. This development has prompted considerable attention, particularly as both figures remain prominent in New York’s political landscape.

A spokesperson for Mayor Adams confirmed that he submitted his extension request by the required deadline earlier this week. She affirmed that the mayor has fulfilled all tax obligations for the previous year. However, it remains unclear if Adams will follow through with a commitment to release his tax return for public scrutiny once it is filed. With the extension, he now has until October 15 to complete his filing.

In parallel, Cuomo’s spokesperson confirmed that the former governor, who is a leading candidate in the upcoming race to succeed Adams as mayor, has also secured an extension for his 2024 tax return. Similar to Adams, Cuomo’s campaign has not made a statement regarding whether he will make his return public upon filing.

Historically, Adams has also opted for tax extensions in previous years but has subsequently disclosed his tax information. Notably, some of his past disclosures have revealed inconsistencies related to his income, conflicting with details provided in his mandatory financial statements submitted to the city’s Conflicts of Interest Board (COIB).

As of now, it has been confirmed that Adams has not submitted his COIB financial disclosure by the mandated deadline, with no immediate explanation provided regarding this omission. The forthcoming release of Adams’ tax return and COIB form is poised to be the first insight into his personal financial status since he faced a federal corruption indictment last fall, which was dismissed earlier this month by the Justice Department.

Cuomo’s financial disclosures this year have garnered significant interest, particularly as reports surfaced indicating he earned approximately 0,000 in 2024 from legal consulting work for undisclosed clients.

Other candidates in the upcoming mayoral election have proactively released their tax returns. Queens Assemblyman Zohran Mamdani and City Comptroller Brad Lander have already disclosed their most recent filings, with Lander reporting a combined income of nearly 0,000 for the previous year. Council Speaker Adrienne Adams has announced plans to release her return in the coming days, while former Comptroller Scott Stringer and mayoral hopefuls Whitney Tilson and Zellnor Myrie have also filed for extensions.

As the political landscape evolves, the returns of both Adams and Cuomo will be closely scrutinized, reflecting their ongoing influence in New York City’s governance and the transparency expected from its leaders.

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