In a large stock pot or deep fryer, add oil and heat to 350 degrees.

In a small mixing bowl, mix the wet ingredients (milk, butter, eggs) together until combined. In a large mixing bowl, mix all dry ingredients (flour, sugar, baking powder and salt).

With a wooded spoon, slowly mix the wet ingredients into the dry ingredients until fully combined.

Once the oil has reached 350 degrees, drop 1-inch balls into hot oil for 2-3 minutes until golden brown. Remove them from the oil and place on a paper towel lined tray. Be sure to do this in small batches to avoid overcrowding.

While the doughnut holes are cooling, mix powdered sugar, milk and vanilla extract in a small bowl to make glaze. If it is too runny, add more powdered sugar. If you find it is too stiff, add more milk.

Once the doughnut holes have cooled, dip them evenly in the glaze and set on wax paper to set. Once set, enjoy!