Gather all ingredients and ensure cream cheese and butter are softened to room temperature.
In a large mixing bowl, beat the cream cheese and butter together until completely smooth and fluffy, about 2-3 minutes.
Gradually add the sifted powdered sugar, mixing on low speed until incorporated.
Add the vanilla extract and pinch of salt (if using).
Increase speed to medium-high and beat for an additional 2 minutes until the frosting is light and fluffy.
Taste and adjust sweetness by adding more powdered sugar if desired.