Incredibly Delicious Italian Cream Cake

Preheat oven to 350 degrees F (175 degrees C).

Grease three 9 inch round cake pans.

In a small bowl, dissolve the baking soda in the buttermilk; set aside.

In a large bowl, cream together 1/2 cup butter, shortening and white sugar until light and fluffy.

Mix in the eggs, buttermilk mixture, 1 teaspoon vanilla, 1 cup coconut, baking powder and flour.

Stir until just combined.

Pour batter into the prepared pans.

Bake in the preheated oven for 30 to 35 minutes, or until a toothpick inserted into the center of the cake comes out clean.

To Make Frosting: In a medium bowl, combine cream cheese, 1/2 cup butter, 1 teaspoon vanilla and confectioners' sugar.

Beat until light and fluffy.

Mix in a small amount of cream to attain the desired consistency.

Stir in chopped nuts and remaining flaked coconut.

Spread between layers and on top and sides of cooled cake.