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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. He defines an independent contractor as anyone providing services to a business without being an employee. For example, when he hires a bookkeeper as a contractor, they are not considered an employee. Kramer emphasizes the importance of having a written agreement outlining the contractor's role and the specific services to be performed. Key elements of the agreement should include a detailed description of the services and the payment terms. By establishing clear terms, businesses can ensure a better understanding and cooperation with their contractors.