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In this episode of "All Up In Your Business," attorney Aiden Kramer from Colorado discusses the importance of independent contractor agreements. An independent contractor is defined as anyone providing services to a business who is not an employee. Using the example of hiring a bookkeeper as a contractor, Kramer emphasizes the necessity of having a written agreement that clearly outlines the relationship between the contractor and the business. Key terms to include in the agreement are: the specific services the contractor will perform and the payment details, which should specify the amount being contracted. Establishing a clear agreement helps to mitigate misunderstandings in the working relationship.