Preheat oven to 350 degrees. Place cupcake liners in cupcake pan and set aside.
Sift together flour, baking powder, salt, cinnamon and nutmeg. Set aside.
In another bowl, using a hand held mixer cream together oil and sugar until fluffy. Beat in eggs one at a time. Beat in vanilla.
Add 1/2 of the flour mixture to the bowl. Mix until combined. Beat in eggnog. Gradually add in remaining flour, beat just until combined.
Fill cupcake liners 2/3 of the way full with cupcake mixture. Bake for 12-15 minutes or until a toothpick inserted in the center comes out with a few crumbs on it
Allow to cool for a few minutes in the cupcake pan. Transfer to a cooling rack to cool completely.
To make frosting, using a hand held mixer on medium speed cream together cream cheese and butter until smooth. Beat in maple syrup. Gradually add in powdered sugar and beat until it becomes a thick spreadable mixture. Frost with maple cream cheese frosting.
Notes
Keep leftover frosted cupcakes in the refrigerator. Remove 30 minutes before serving so they can come to room temperature. Nutrition Information for estimation purposes only.