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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements, clarifying that an independent contractor is someone who provides services to a business without being an employee. He emphasizes the importance of having a written agreement to define the relationship with the contractor, regardless of the nature of the services rendered. Key elements that should be included in the agreement are: a clear description of the services to be performed by the contractor and the payment terms specifying how much will be compensated for those services.