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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements, emphasizing that an independent contractor provides services for a business but is not an employee. For example, when he hires a bookkeeper as a contractor, it illustrates this distinction. Kramer advises that having a written agreement is crucial to clarify the relationship with the contractor. Key elements to include in the agreement are the specific services the contractor will perform and payment details. He stresses the importance of outlining these terms to avoid misunderstandings and ensure a successful working relationship.