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This depends. Theoretically, you could actually do either option. However, it might be more convenient for the director to have it issued through payroll, so that the appropriate taxes can be withheld. It would also eliminate the need for you to issue two year-end forms for him (a 1099 and W-2). I would consult a tax professional to make sure.
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This depends. Theoretically, you could actually do either option. However, it might be more convenient for the director to have it issued through payroll, so that the appropriate taxes can be withheld. It would also eliminate the need for you to issue two year-end forms for him (a 1099 and W-2). I would consult a tax professional to make sure.
No answer given yet!

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