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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor provides services to a business without being an employee. For example, if Aiden hires a bookkeeper as a contractor, a formal agreement is beneficial. It's essential to have a written agreement that outlines the relationship and clarifies important terms. Key elements to include are the specific services the contractor will perform and the payment details, such as the contract amount. Establishing these terms helps ensure a clear understanding between the business and the contractor.