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In this video, Matthew guides viewers on creating an independent contractor agreement using LegalTemplates.net. He instructs viewers to click the link provided to access the site, navigate to "Business Forms," and select "Service Contracts," specifically the "Independent Contractor Agreement." Matthew chooses Texas as the applicable state. The tutorial covers entering client information, including the client's name and address, and prompts viewers to input details for either the client or the independent contractor. He emphasizes specifying the type of services provided, methods of payment, and how expenses will be reimbursed.