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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses independent contractor agreements. He explains that an independent contractor is anyone who provides services to a business without being an employee. For instance, when he hires a bookkeeper as a contractor, the relationship should be defined through a written agreement. Key terms to include in this agreement are the description of the services the contractor will perform and the payment details, specifying how much the contractor will be compensated. This ensures clarity in the relationship between the business and the contractor.