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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. He defines an independent contractor as anyone providing services to a business who is not classified as an employee. For example, he mentions that he acts as a contractor for businesses and uses a bookkeeper in the same capacity. Kramer emphasizes the importance of having a written agreement that outlines the relationship with the contractor. Key points to include in the contract are a description of the services being performed and the payment terms. This ensures clarity and protects both parties involved.