Live view time is not synchronized with server time, live view is one hour behind

Symptom

Live view time is not synchronized with server time, live view is one hour behind.

Cause 

The configuration of the Daylight Saving Time doesn't setup properly.

Solution

Please setup your proper Daylight Saving Time according to your region.

For example:
In New York time zone, the following is a proper configuration of Daylight Saving Time: