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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is someone who provides services to a business but is not an employee. For example, when Aiden hires a bookkeeper as a contractor, they have a contractual relationship. It's crucial to have a written agreement that details this relationship. Key terms to clarify in the agreement include the specific services the contractor will perform and the payment details. A formal agreement helps define the contractor's role and protects both parties in the business relationship.