In a mixing bowl, combine flour, baking powder, and salt.

In another bowl, cream together softened butter and granulated sugar until light and fluffy.

Beat in the egg, vanilla extract, and almond extract.

Gradually add the dry ingredients to the wet ingredients, mixing until just combined.

Divide the dough into two portions, wrap in plastic wrap, and refrigerate for about 1 hour.

Preheat the oven to 350°F (175°C).

Roll out the dough on a floured surface to about 1/4 inch thick.

Cut cookies into desired shapes and place them on a baking sheet lined with parchment paper.

Bake for 10 to 12 minutes or until lightly golden around the edges.

Let the cookies cool completely before decorating with royal icing or glaze, and use food coloring and sprinkles as desired.