1. In a large mixing bowl add cream cheese and beat until smooth.
2. Add in the butter and beat butter until smooth.
3. Gradually add the powdered sugar mixing in between each addition.
4. Beat until smooth.
5. Beat in vanilla until smooth.
6. Frost cupcakes or cake.
7. Store leftovers in refrigerator for up to 3-4 days in a covered container.

NOTE: This is the amount for a layered cake or a large amount of cupcakes. The recipe can be cut in half if needed for a smaller amount.