Originally Posted by boilermaker
Nevermind - I "discovered" my answer. Just go to the Picture tool bar and select "Select Transparent Color" and then place the cursor over the section you want transparent.
This is the tool I was mentioning. It works well if your graphic/logo is VERY good quality and all the white is actually still white, if you have older or compressed photos sometimes it works and sometimes you have a lot of "remnants". Glad it worked for you.