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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor provides services to a business without being classified as an employee. For example, if Kramer hires a bookkeeper as a contractor, a formal agreement is essential. He emphasizes the importance of having a written contract to clearly define the relationship, highlighting critical elements that should be included. Key points to specify in the agreement are the services to be performed by the contractor and the payment details, including the amount and terms of compensation. Legal clarity in these areas is vital for both parties.