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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 providing services for a business without being classified as an employee. For example, when Kramer hires a bookkeeper as a contractor, that person is not an employee. He emphasizes the importance of having a written agreement that outlines the terms of the contractor relationship. Key points to include in the agreement are the specific services the contractor will provide and the payment details for those services. Overall, having clarity in the agreement protects both parties involved.