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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is defined as someone who provides services to a business without being classified as an employee. Attorney Kramer emphasizes the importance of having written agreements to outline the relationship with contractors. Key elements to include in the agreement are a clear description of the services to be performed by the contractor and the payment terms, specifying how much the contractor will be compensated. Having these details documented helps in establishing a clear understanding between the parties involved.