In a stand mixer bowl add the butter. Place the mixer bowl on the mixer stand and turn up to medium speed. Mix the butter until it is smooth..
Reduce the mixer speed to low and slowly pour in the confectioners sugar and mix until it is all incorporated.
Add the caramel sauce and the vanilla extract and turn the mixer speed up to medium.
Leave the mixer mixing for 5-10 minutes until the caramel frosting is light and fluffy.
The nutrition information for this recipe is for the whole batch of frosting. To figure out individual serving nutrition information divide the nutrition information by how many cupcakes or cake slices you are having.