Employee – The Media Pub News (TM)

Celebrity lineup includes Matthew McConaughey and Martha Stewart and offers the industry’s largest virtual concert featuring musical performances by Bryan Adams and Alanis Morrissette

HOBOKEN, N.J.–(BUSINESS WIRE)–NICE (Nasdaq: NICE) today announced Interactions Live, the biggest customer experience virtual event of the year. To be held on September 15-16, this free event will provide unprecedented insights for adopting an agile service approach and creating extraordinary customer and employee experiences in any market dynamic. Featuring content to suit every role and interest, this global event offers a wealth of informative sessions, interactive demo stations, live video chats with NICE experts, exciting keynote speakers and entertaining performing artists. To learn more or register for the event, please click here.

Interactions Live will host Academy Award-Winning Actor, philanthropist and author of the upcoming book Greenlights, Matthew McConaughey as a keynote speaker, sharing his drive for constant reinvention throughout his impressive career spanning over 40 feature films that have grossed over $1 billion. Also keynoting will be Martha Stewart – Emmy Award-Winning television show host, bestselling author of 96 lifestyle books to date, entrepreneur and founder of the first multi-channel lifestyle company. The virtual event’s analyst lineup includes McGee Smith, Forrester, DMG Consulting, Aberdeen, Everest Group and Saddletree Research who will review current industry trends and offer guidance on maintaining CX excellence in times of change. Also joining the event are industry-leading organizations who will discuss how they are innovating to provide agile service in the cloud, engage their workforce as they work remotely and leverage data insights to create exceptional experiences for customers and employees.

This year’s event will include a virtual concert attendees can stream from any location, September 16 starting at 3:45 pm EST. It will feature Award-Winning musician, Bryan Adams who will take the stage to share his hits spanning four decades. One of the most exciting live musicians in the world, Bryan Adams’ energetic performance, effortless stage presence and incredible vocals are guaranteed to thrill and entertain. Also joining is Award-Winning artist, Alanis Morissette, whose album, Jagged Little Pill remains the best-selling debut release by a female artist in the U.S. and the highest-selling debut album worldwide in music history.

With over seven tracks and more than 50 best practice sessions, the conference agenda is rich with ideas, insights and advice that will inspire, energize, and invigorate CX professionals of all ranks. Attendees can join informative best practices sessions, engage with various experts, see live demos of the latest innovations and be inspired by industry-leading customer speakers, visionary leaders and subject-matter-experts from prominent organizations.

Barak Eilam, CEO, NICE, said, “CX agility has never been more critical and we remain focused on helping organizations transform experiences to be extraordinary. In the face of the unprecedented current challenges organizations are facing, we aim to bring clarity by sharing powerful insights that will enable organizations to be agile in engaging customers and employees while driving successful business outcomes. Interactions has always been a key channel through which we connect among customers, content experts, innovators and opinion-makers, and we’re pleased to present a new avenue to enable this connection via Interactions Live. ”

About NICE

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Eilam, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contacts

Corporate Media
Christopher Irwin-Dudek, 201-561-4442, chris.irwin-dudek@nice.com

Investors
Marty Cohen, +1 551 256 5354, ir@nice.com, ET

Yisca Erez +972 9 775 3798, ir@nice.com, CET

With tax season almost here, employees and contractors are thinking about the forms the Internal Revenue Service (IRS) will require them to use to report their earnings and to file their taxes.

There are two main types of workers: The self-employed (freelancers, contractors, business owners), and also employees who work for employers who deduct their taxes.

You need to understand the Internal Revenue Service (IRS) guidelines so that you can derive joy, satisfaction, benefits, and total happiness from your dream career.

Whether to select a W2 or 1099 as the primary tax form is an important decision that will have an impact on ones work condition. It affects the ability to simply accept insurance, assignments, and benefits, and also influences tax liabilities. It is not merely a matter of decision, but it can legally implicate you. Therefore, it is necessary to make the right decision about your employment and the forms you will use.

Breakdown
For two different kinds of workers, W2 and 1099 are two distinct tax forms that are recommended. If you’re an employee, you will obtain a W2. If you’re an independent contractor or freelancer, you will use a 1099 form.

Decision
If you are a W2 employee, all payroll taxes are automatically removed or deducted from your paycheck and then your employer forwards the deductions to be paid to the government. On the other hand, it is the self-employed, contractor, or freelancer’s responsibility to make the necessary calculations about their payroll taxes and then forward the sum to the government on a quarterly basis.

Choosing
The most important factor that must be considered in your decision-making is your personality or behavior. W2s and 1099s both vary in complexity when setting up your own business. The 1099s are the most complicated with W2s being simpler. You just have to decide what best fits your way of life. This is because the cash you save on taxes at the end of the day will not appear to be justified, despite all the trouble you have gone through. They are basically the same.

Consider these factors when deciding how you want to work:

1. Are you a procrastinator? Consider W2
You should try picking a W2 to save yourself a lot of sleepless nights and troubles if you are someone who dislike tax time and would prefer a root canal than completing and submitting 1099 government forms.

W2 Pros
• Simplest and easiest option if you are not a savvy employee.
• You are not totally responsible for the employee tax burden.
• Little or no accounting required.
• W2 employee can deduct or itemize business expenses.

W2 Cons
• Deductibility of unreimbursed operational expenses and medicinal insurance premiums are extremely restricted.
• Limited capacity to withhold income if a 401(k) is unavailable.
• Transportation is not deductible

2. Do you like challenging authority? Try choosing 1099
If you have the courage and strength to find your way out and overcome all the troubles of IRS, you should try using the 1099 form. In any case, there are a few drawbacks to this option that will probably make you consider choosing W2: like your sales will probably get the attention of the IRS. Since contractors may sometimes be irresponsible about paying their taxes, the IRS has been vigilant. The government has gathered $9.5 million in back wages from employers who misclassified workers as self-employed since 2011.

1099 Pros
• Easy to begin.
• You may be qualified to collect the Home Office Deduction.
• Losses may be used to counterbalance other income (limits apply).
• Easy to cease when your agreement closes.

1099 Cons
• An unlimited obligation for the sole proprietor.
• You must make quarterly calculated tax installments.
• More complications and accounting than the W2 option.
• All benefit is liable to self-employment tax notwithstanding the income tax.

Conclusion
Whether you are an employee or an employer, the issue about W2 vs. 1099 and employees vs. contractors/freelancers is worth thinking about. With regards to who ought to be classified as independent contractor and employees, the keyword here is “control.’’ It is all about who controls the work you choose to do and how you will be taxed.