Preheat oven to 350°

In a large bowl, beat butter and sugars

Slowly add in both eggs

In another bowl, combine flour, baking powder & soda, salt, nutmeg and xanthan gum

Slowly combine in the dry ingredients to butter and sugar mixture

Lastly, add in the eggnog and mix well

Pour into a greased bundt or 9x13 inch baking pan

Bake at 350° for 28-32 minutes or until a toothpick inserted into the center comes out clean

Remove and let cool 5 minutes

Meanwhile, combine 1 C powdered sugar and 2 T eggnog then drizzle over cake

Slice into pieces and top with eggnog drizzle