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In this video tutorial, Matthew explains how to create an independent contractor agreement. He directs viewers to a link for legaltemplates.net to access business forms. From the top menu, viewers can select "View All Business Forms," then navigate to "Service Contracts" and choose "Independent Contractor Agreement." Matthew chooses Texas for the state. He discusses entering client and independent contractor information, emphasizing the need to specify the services provided, compensation details, and expense reimbursement terms. This step-by-step guide helps users complete the necessary components of an independent contractor agreement efficiently.