Sift flour,sugar,soda,salt,and cocoa together.Add buttermilk,Vegetable oil,vanilla,eggs and food coloring,in this order and mix thoroughly.Bake in pans that have been greased with oil or butter and floured.Use 2 or 3 pans depending on how thick you porefer each layer depending on how thick you want each layer.
Cream Cheese Frosting:1 8 oz package room temperature cream cheese,1/2 cup room temperature butter,1 lb sifted confectioners sugar,1 tea vanilla extract....1/2 cup toasted chopped pecans...FYI...I DOUBLE THIS RECIPE
In a large bowl ,mix cream cheese,butter,and vanilla until smooth.Add confectioners sugar until smooth and fluffy....
frost each layer , and decorate top with Holiday sprinkles or crumbled cake.