I have some 3/4 T&G Subflooring that I will be putting down soon. Is there a preferred direction to face it in relation to the joists? Across the joists or with them?
Absolutely...if you want the stated strength, the grain of the top layer of the ply MUST cross the joists at 90-degrees. It also helps if you use construction adhesive on the joists.
Yes, you definitely do want the T&G edges to span from one joist to the next. Otherwise, the merely-butted ends of sheets could move against each other.
Also the lay-up of the layers, in the plywood, provides more fibers going the long way, than the short way. If you laid it with the long side parallell to the joists, each sheet would be weaker / less stiff than running it across.
OSB is stronger in the long dimension and should be installed like plywood is installed. Plywod and OSB are about 1/3 as strong in bending in the transverse direction as in the longitudinal direction.