1. Preheat the oven to 350° F. Place liners in cupcake pan.
2. In a medium bowl, whisk together the flour, cocoa powder, salt and baking powder.
3. In a large bowl, cream together the butter and sugar until light and fluffy.
4. Add the eggs and vanilla extract, mix well.
5. Add the desired amount of food coloring and mix well.
6. Gradually add the dry ingredients alternating with buttermilk until well combined.
7. Add the water and mix well.
8. In a small bowl, combine the vinegar and baking soda, add to batter and mix well.
9. Divide into cupcake liners and bake for 15-18 minutes or until a toothpick inserted in the center comes out clean.
10. Cool completely before frosting.

FOR THE FROSTING:

1. In a large mixing bowl add the 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 in the vanilla until smooth.
5. Frost the cupcakes either by using a butter knife, pastry spatula or a pastry bag with tip.
6. Finish with colorful holiday sprinkles.