See this (someway down) thread for Bill’s workflow: http://manual.audacityteam.org/man/Tutorial_-_Copying_tapes,_LPs_or_minidiscs_to_CD and page 2 of the thread for pdxrunner’s comments.
See this tutorial from the 1.3 manual: http://manual.audacityteam.org/man/Sample_workflow_for_LP_digitization
Bill and I (and several others on this forum) prefer to use Brian Davies’ excellent ClickRepair to get rid of clicks and pops. I costs $40 but is well worth it IMHO. It is easy to use and does an excellent job. See this sticky thread: https://forum.audacityteam.org/t/click-pop-removal-clickrepair-software/1933/1
WC