Add all ingredients except for the whiskey to a large saucepan. Whisk to combine and heat over medium. Bring to a full (but controlled) boil. Reduce the heat and allow sauce to simmer, stirring occasionally, for 20 to 30 minutes, until thick.
Add the whiskey and continue cooking another 5 minutes.
Remove saucepan from heat and allow it to cool. The sauce will continue to thicken as it cools. Transfer sauce to a sealable container and refrigerate until ready to use. Sauce will keep for up to 3 weeks.
Use as a meat marinade or for drizzling on all the foods ever.
*You can omit the liquid smoke and replace it and the regular paprika with smoked paprika.