Are we talking about independent contracting?
Some people will bring you on as a contract employee (you're an employee of a payroll company basically). Don't do this. It's the worst of both worlds.
Go as an independent contractor. Your tax rate, if you spend everything you make (worst case scenario) can drop below 25%, which is awesome.
You won't get paid if you're on vacation or sick. Not awesome. Especially if you end up laid up for a few months with something serious. Consider disability insurance on your mortgage if you have one.
Expect to pay $1K-$3K to an accountant per year. Remember you'll spend $300 just for showing up at the dentist.
For ongoing work that is likely to have you renewed repeatedly, get at least a 20% premium over what you'd work for as an employee at the same job. If it might be only for one year, I'd shoot for at least 70% over salary.
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