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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses the importance of independent contractor agreements. An independent contractor is someone who provides services to a business but is not classified as an employee. For instance, Aiden himself is a contractor when hired by businesses, just as a bookkeeper would be. He emphasizes that having a written agreement outlining the relationship with the contractor is essential. Key terms to include in the agreement are the specific services to be performed by the contractor and the payment details. Establishing clarity on these points helps in defining the relationship and expectations.