Beat two whole eggs well.

Beat in sugar and shortening.

Stir in buttermilk.

Combine flour, baking powder, baking soda, salt, nutmeg, and cinnamon in a separate bowl. Blend well.

Add dry ingredients to wet ingredients and blend well.

Chill dough for two hours.

Flour the kitchen surface of your choice.

Roll dough to about 1/3" thick.

Cut out donuts with a donut cutter, especially one that will cut the donut and a donut hole at the same time, because those donut holes are delicious.

While you're cutting the donuts, be sure to start prepping your heating oil for frying the donuts. It should be between 370 - 380 degrees.

Set donuts gently into the hot oil. Only put in as many as you can while allowing you to still have room to flip them.

Turn the donuts as they rise to the surface and start to brown a bit. (You're going to cook the donuts for around three minutes total, as long as your oil is hot enough, but not too hot.)

When your donuts are done, remove them from the oil and place them on a plate with a paper towel (or the like) on it to soak up some of the excess oil.

While still warm, cover the donuts in the glaze or sugar of your choice, or just eat them plain.