A slice of red velvet cake looks just as its name implies – soft and red – though its flavor base is cocoa. A big hit on Valentine's Day, the dessert is popular for the holidays as well. One VIP customer has us bake dozens to give as gifts for Christmas. Rich with butter and eggs and cloaked in an ivory cream cheese and butter vanilla frosting, this is a cake that holds up well for at least three days.
Place the cream cheese and butter in a mixing bowl and beat with an electric mixer on medium speed until completely blended. Sift the confectioners' sugar onto the mixture in several additions, beating thoroughly in between. Add the vanilla and beat until the frosting is light and fluffy but still holds its shape, 3 to 5 minutes. Use immediately.
Makes about 4 cups