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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is defined as someone who provides services to a business without being an employee. For instance, if Kramer hires a bookkeeper as a contractor rather than an employee, they are in a contractor relationship. It's essential to have a written agreement that outlines this relationship. Key components of the agreement must include a description of the contractor's services and the payment details. Kramer emphasizes the importance of clarifying these terms to avoid misunderstandings in the contractor relationship.