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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 someone who provides services to a business without being an employee, citing examples like himself and a bookkeeper. Kramer emphasizes the importance of having a written agreement that outlines the relationship with the contractor. Key terms to include in the agreement are the specific services the contractor will perform and the payment details. He highlights that clarifying these elements is crucial for both parties involved.