Did Eric Adams fail to report income from his cookbooks?

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The New York mayor faced questions on Friday night over whether he had reported income from his vegan cookbook – after he said publishers had given him an advance of up to $50,000.

Eric Adams released his long-awaited tax returns on Friday, after receiving an extension from the IRS due to his COVID contract around the filing deadline.

The returns are his first as mayor, and the first since he fired his accountant, who wasn’t fired, made multiple mistakes, and registered his business in a nonexistent office.

The statements, filed by the new accountant, make no mention of earnings from the October 2020 book, Healthy at Last: A Plant-Based Approach to Preventing and Reversing Diabetes and Other Chronic Illnesses.

Yet in his Declaration of conflict of interestfiled for the same year, Adams said he received an advance for the book of up to $49,999.

Eric Adams published his vegan cookbook in October 2020 and said he received an advance of up to $50,000 for the book. His spokesperson says the money went to his ghostwriters

Adams' conflict of interest disclosure shows, in the 'income 2' section of 'other non-municipal income', that he was paid up to $50,000 for the book

Adams’ conflict of interest disclosure shows, in the ‘income 2’ section of ‘other non-municipal income’, that he was paid up to $50,000 for the book

The book was well received, with over 1,000 reviews on Amazon – mostly positive. It is ranked 314th in vegan cookbooks and 108th in overall diabetic health.

Adams spokesman Fabien Levy said Policy and New York Daily News that the mayor was not paid for the book, and that proceeds from the book went to its ghostwriters, Gene Stone and Nicholas Bromley.

The ghostwriters did not respond to questions from DailyMail.com about the controversy.

When asked why Adams would declare on his conflict-of-interest forms money he hadn’t received, Levy said the mayor listed it out of caution.

Levy has not yet responded to DailyMail.com’s request for comment.

Mayors are not legally required to publish their tax returns, but generally do so by tradition.

New York’s last five mayors have released at least part of their statements. This includes Adams’ predecessor Bill de Blasio, as well as Ed Koch, David Dinkins, Rudy Giuliani and Michael Bloomberg.

Adams is seen at a news conference on Friday announcing plans for the creation of a health and life sciences employment and education center

Adams is seen at a news conference on Friday announcing plans for the creation of a health and life sciences employment and education center

Adams' Brooklyn home, from which he said he earned $24,600 in rent on the four-unit home - down from the $36,000 he took in 2019, when a tenant moved out

Adams’ Brooklyn home, from which he said he earned $24,600 in rent on the four-unit home – down from the $36,000 he took in 2019, when a tenant moved out

The New Jersey property where Adams' girlfriend lives and where some suspected the then-candidate resided

The New Jersey property where Adams’ girlfriend lives and where some suspected the then-candidate resided

Adams’ return for 2021 shows he bought cryptocurrency, which he publicly backs and took his first three paychecks in, but made no money.

He rented out his Brooklyn home and said New York was his primary residence.

During the campaign trail, Adams must have wondered if he lived in town or across the Hudson in New Jersey, where his longtime girlfriend lives.

His tax returns now list income from renting out part of the brownstone Brooklyn home in the Bedford Stuyvesant neighborhood that he continues to call his official residence.

For the past few years, he’s left any mention of rental income on his IRS returns, saying his former accountant told him not to because he’d invested all the money in house maintenance and had actually suffered a loss.

In statements from last year, he said he earned $24,600 in rent on the four-unit house – down from the $36,000 he received in 2019 – although that sum was more than offset by expenses.

Adams paid $56,074 in taxes on $245,324 of his salary, pension and rental income last year.

His total income was offset by $13,347 in deductions, resulting in an effective tax rate of 24%.

He slightly underpaid his taxes last year on estimated quarterly payments, forcing him to pay an additional $93 in penalties and interest.

Adams claimed no charitable donations in his 2021 taxes.

A city hall spokesperson said the mayor donated about $5,000 to charity last year, but did not claim the donations due to a lack of receipts. The mayor also donated to victims of crime, the spokesperson said.

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