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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements, emphasizing their importance for businesses. An independent contractor is defined as anyone who provides services to a business without being an employee. Kramer illustrates this with examples, like hiring a bookkeeper. He stresses the necessity of having a written agreement that outlines the nature of the relationship. Key elements to include in the agreement are a clear description of the services the contractor will perform and details regarding payment. Having these terms clarified helps protect both parties involved.