Programming Contract Work

Finally found some time to blog.  I have been programming for an “employer” for 6+ years.  Now I find myself doing contract work (self employed).  So basically I am clueless as to how I go about this income tax wise. 
  • Do I get a local business license?
  • Do I just go on as I have been and save a certain percentage of my income for taxes?
  • Do I file taxes just like have been?
  • I hear I can write off expenses and such since I work out of my house.  (which deserves an entry on its own)
  • Should I be saving reciepts and such?  :-)
I suspect some readers are in the same boat and have experience with this sort of thing.  Self Employed Programmer.  Anyone have any tips or suggestions?

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