is it required to pay taxes monthly? Can I arrange to pay it once at the end of the year? I prefer the latter of course…
It depends on your state and your county. Here in Texas we pay them once a year.
If your referring to taxes on a business, it is generally done quarterly or yearly.
I would ask your CPA that question and would not listen to advice from anyone but a tax professional. Tax laws are complicated.
What taxes are you referring to?
Either case, consulting with a Tax Accountant is best.