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In this episode of "All Up in Your Business," attorney Aiden Kramer from Colorado discusses independent contractor agreements. An independent contractor is defined as someone performing services for a business without being an employee. For example, if Kramer hires a bookkeeper as a contractor, they are not considered an employee. It's crucial to have a written agreement that outlines the relationship between the business and the contractor. Key terms to clarify in the agreement include the specific services the contractor will provide and the payment terms, detailing how much the contractor will be compensated for their work.