Cream the butter and sugar in a large bowl until light and fluffy.
Add the egg, vanilla extract, and almond extract, beating until fully incorporated.
Whisk the flour, baking powder, and salt together in a separate bowl.
Slowly add the dry ingredients to the wet mixture, mixing until a soft dough ball forms.
Divide the dough into two disks, wrap in plastic, and refrigerate for at least one hour.
Roll the chilled dough on a lightly floured surface to the desired thickness.
Cut into shapes using holiday cookie cutters and place on a lined baking sheet.
Bake in a preheated oven at 350°F (175°C) for 10 minutes or until edges are lightly golden.
Allow to cool completely before applying royal icing or decorations.