Hi Ralph, I've been there and done that. It can be a little tedious. Obviously, you need to have your turntable and receiver (or preamp) near your PC. You cannot plug your turntable directly into your pc, but hook the turntable up to the reciever as normal. I got a patch cord from Radio Shack. One end was the standard dual RCA plugs and the other end merges into a single (stereo) connector. You plug the RCA connectors to an output or line out on your receiver and the stereo mini-plug on the other end goes into the line in jack on the pc sound card.
I used the application GoldWave:
It has filters you can use to remove clicks and pops as well as hum. The tedious part is that you have to record every track individually so that the album tracks show up seperately on your finished CD. If you're going to clean up the track with the filters, you have to do each filter seperately.
Years ago I used to reocrd LP's to audio tape. That was pretty easy. This takes a lot more time, but the finished product can actually sound better than the LP.