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In this episode, attorney Aiden Kramer discusses independent contractor agreements on his show "All Up in Your Business." An independent contractor is defined as anyone providing services for a business without being an employee. For example, if Kramer hires a bookkeeper as a contractor, they are not considered an employee. It's essential to have a written agreement outlining the relationship with the contractor. Key components of this agreement include describing the services to be performed and specifying payment details. Kramer emphasizes the importance of clarifying these terms to ensure a mutual understanding between the business and the contractor.