Preheat your oven to 350°F (175°C) and line a baking sheet with parchment paper.
In a bowl, whisk together the flour, cocoa powder, baking powder, baking soda, and salt until well combined. Set aside.
In a large mixing bowl, cream the softened butter and granulated sugar together using an electric mixer on medium speed until light and fluffy (about 3-4 minutes).
Add the egg, vanilla extract, and red food coloring to the butter-sugar mixture, mixing until fully incorporated.
Gradually add the dry ingredients to the wet ingredients, mixing just until the dough comes together. Do not overmix.
Chill the dough in the refrigerator for about 30 minutes to make it easier to handle.
Once chilled, roll the dough into 1-inch balls and then roll each ball in powdered sugar until fully coated.
Place the dough balls on the prepared baking sheet, spacing them about 2 inches apart.
Bake in the preheated oven for 10-12 minutes, until the edges are set but the centers are still slightly soft. Allow them to cool on the baking sheet for 5 minutes before transferring to a wire rack to cool completely.
Notes
Serve the cookies in a decorative box or on a beautiful platter, dusted lightly with more powdered sugar for an elegant touch.