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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses independent contractor agreements. He explains that an independent contractor is someone who provides services for a business but is not classified as an employee. For example, hiring a bookkeeper as a contractor instead of an employee is a common practice. Kramer emphasizes the importance of having a written agreement that outlines the relationship with the contractor. Key elements to include in the agreement are a detailed description of the services to be performed and the payment terms, ensuring clarity and mutual understanding of the contract's conditions.