Preheat oven to 350-degrees F., and prepare a baking sheet by lining it with parchment paper.
Cream together the butter and sugar in the bowl of a stand mixer for 2 minutes until light and fluffy, scraping the sides as needed.
Add the vanilla extract, almond extract, and egg. Mix well until combined.
Slowly add the flour and baking powder, mixing on low speed at first, then gradually increase to a medium speed until a thick dough is formed. Do not over-mix!
Place the dough onto a floured surface, and using the rolling pin, roll the dough to ½ inch thickness.
Cut the dough using your desired cookie cutters. Carefully transfer the cut-outs to the prepared baking sheet using a spatula.
Bake at 350-degrees F. for 7-10 minutes until the centers have slightly risen, and the cookies are no longer glossy. *If you would like a crunchier cookie, bake slightly longer until the edges begin to brown.*
Remove cookies from the oven, and allow them to cool for 10 minutes on the baking sheet before removing and transfering to a cooling rack to cool completely.
Decorate with your favorite sugar cookie icing and sprinkles. Serve and enjoy!