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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 an employee, using himself and a bookkeeper as examples. Kramer emphasizes the importance of having a written agreement to outline the relationship between the contractor and the business. Key points include clearly describing the services to be performed and detailing payment terms. He suggests ensuring all crucial aspects of the agreement are clarified to protect both parties involved.