Follow these simple steps to create your Signature Red Velvet Cake:

1. Preheat the Oven: Preheat your oven to 350°F (175°C). Grease and flour two 9-inch round cake pans.

2. Mix Dry Ingredients: In a large bowl, sift together the flour, sugar, baking soda, salt, and cocoa powder.

3. Combine Wet Ingredients: In another bowl, whisk together the vegetable oil, buttermilk, eggs, food coloring, vanilla extract, and vinegar until well combined.

4. Mix Together: Gradually add the wet ingredients to the dry ingredients, stirring until smooth and no lumps remain.

5. Pour Batter: Divide the batter evenly between the prepared cake pans.

6. Bake: Place in the preheated oven and bake for 30-35 minutes, or until a toothpick inserted into the center comes out clean.

7. Cool: Remove from the oven and let the cakes cool in the pans for about 30 minutes. Then, transfer them to wire racks to cool completely.

8. Make Frosting: In a mixing bowl, beat together the softened cream cheese and butter until smooth. Gradually add the powdered sugar, vanilla extract, and salt, mixing until creamy.

9. Frost the Cake: Once the cakes are completely cool, place one layer on a serving platter. Spread a layer of cream cheese frosting on top. Add the second layer and frost the top and sides of the cake.

10. Decorate: Optionally, you can decorate with sprinkles or chocolate shavings for an extra touch.

These steps will guide you in creating a stunning Signature Red Velvet Cake that will wow your guests!