Last weekend to shop before sales tax hike in California

If you were eyeballing that big ticket item by any chance, and you live in California, you might want to consider popping for it this weekend.

Next weekend it will cost a good deal more, thanks to a one-cent-on-the-dollar increase in sales tax in California, beginning April 1.

As of Wednesday, the sales tax on California purchases will range from 8.25% to 10.25%, depending on additional local taxes. If you're looking at buying a $30,000 car, those kinds of taxes can quickly add up.

So although merchants of all stripes are gearing up for a blow-out sale weekend, many are also worried that any temporary boom will quickly be tempered by a deafening snap, as consumers in California shut their wallets en mass.

The sales tax is temporary, at least until California somehow heaves itself from the brink of insolvency. It will expire on July 1, 2011 or July 1, 2012, depending on whether voters approve the Budget Stabilization Act in a statewide election May 19. The legislature also approved a hike in vehicle licensing fees.

Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
Child Tax Credit Calculator and Top 7 Requirements
The Child Tax Credit can significantly reduce your tax bill if you meet all seven requirements: 1. age, 2. relationship, 3. support, 4. dependent status, 5. citizenship, 6. length of residency and 7. family income. You and/or your child must pass all seven to claim this tax credit.
Read MoreBrought to you
7 Smart Ways to Invest Your Tax Refund
You can maximize your tax refund in several ways — from paying off high-interest debt to investing in a business or saving for retirement. One or more of these options could be the perfect fit for you.
Read MoreBrought to you
How to Pay Taxes: 10 Ways to Pay Your Tax Bill
You know you owe taxes, but you may not be aware of all the available options for getting that money to the IRS.
Read MoreBrought to you
Taxes 2021: 7 Upcoming Tax Law Changes
Tax Year 2021 will likely bring some surprises, but some of its changes are already planned. Here's what you need to know about some of the planned phase-outs, changes and inflation adjustments the IRS will present for taxes in 2021.
Read MoreBrought to you