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In this episode of "All Up In Your Business," Attorney Aiden Kramer discusses independent contractor agreements. He defines independent contractors as individuals who provide services to a business without being employees. For example, if he hires a bookkeeper as a contractor, that relationship must be formalized in writing. Kramer stresses the importance of having a clear agreement that outlines key terms, starting with a description of the services the contractor will perform. Additionally, payment terms, including the compensation amount for the contractor's work, should also be specified. Establishing these details helps clarify the relationship between the business and the contractor.