Prepare ingredients: chop onions and bell peppers if using.

In a pot, heat butter or oil over medium heat. Add optional onions and sauté until translucent.

Add rice, stirring for 2-3 minutes until slightly golden.

Stir in broth, soy sauce, garlic powder, onion powder, paprika, parsley, salt, and pepper.

Bring to a boil, then reduce heat, cover, and simmer for 18-20 minutes.

Remove from heat, let sit covered for 5 minutes, then fluff with a fork.