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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is defined as someone providing services to a business who is not an employee. For example, Aiden notes he acts as a contractor when working with businesses, similar to when he hires a bookkeeper. It's essential to have a written agreement outlining the relationship between the contractor and the business. Key elements to include are a description of the services the contractor will perform and the payment terms. Aiden emphasizes the importance of clarifying these terms in the agreement.