The correct way to display a Logo is with an <img> element. If you haven’t studied logos and logotype, you might not realize that a logo has its own semantics and is required to be presented in a very specific manner. It may also have a required interpretation, which is what should be used in the [alt] attribute.
If that required interpretation is legitimately a heading in the page, it would be semantically correct to add it to a <h#> element:
<h1>
<img src="logo.png" alt="Foo Co.: Where everyone can fizz the buzz" />
</h1>
Typically the logo is used as a link, so it’s common to see:
<a href="/">
<img src="logo.png"... />
</a>
Additionally the logo can be emphasized (could be either <strong> or <em> depending on degree):
<strong>
<a href="/">
<img src="logo.png" ... />
</a>
</strong>
To understand the semantics of a logo. If you’re referencing the Coca-cola company, the logo for the brand would not, and should not change if you swapped out, or removed a stylesheet. Most people understand that semantically,

is different from
