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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 providing services to a business who is not classified as an employee. For example, if he hires a bookkeeper as a contractor, that relationship should be defined in a written agreement. Kramer emphasizes the importance of outlining key terms in the contract, starting with a clear description of the services to be performed by the contractor. Additionally, the agreement should specify the payment terms, ensuring both parties understand the financial aspects of the arrangement.
