Payments become taxable in the USA as soon as you receive them. However, you do not have to pay the tax until April 15. At that time, you pay the income taxes on income earned during the previous year.
This is different if your business is a corporation or an LLC. You pay taxes quarterly for those.
In the USA, tax liability has nothing to do with bank transfers. It is income as soon as you receive it.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin