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In this tutorial, Matthew guides viewers on creating an independent contractor agreement. He directs them to legaltemplates.net, where they can find business forms. After selecting "Service Contracts" and the "Independent Contractor Agreement," users choose their state, such as Texas. The process involves entering the client's general information and details of the independent contractor. Viewers are prompted to specify the services provided, compensation methods, and reimbursement for expenses. The video focuses on ensuring all necessary information is accurately filled out to establish a proper agreement.