Fry until golden brown, about 2 to 3 minutes per side. Remove doughnuts using tongs or wire-mesh strainer. Drain on paper towels. Combine the glaze ingredients together in a small bowl, mixing well. Dip warm doughnuts into glaze on both sides and allow excess to drip off.
Place doughnuts on wire racks to dry.
Makes about 2 dozen doughnuts. Omit the glaze and roll hot doughnuts in powdered sugar or a mixture of ground cinnamon and sugar. All rights reserved.