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In today's tutorial, Matthew outlines the steps to create an independent contractor agreement using LegalTemplates.net. He starts by directing viewers to click a link that takes them to the website. Once there, he navigates to the business forms section and selects the "Independent Contractor Agreement" option after choosing Texas as the state. Matthew emphasizes the importance of filling in client and contractor information, along with specifying the services provided. He also discusses detailing compensation methods and expense reimbursement in the agreement.