Preheat your oven to 350°F (175°C).
In a bowl, whisk together flour, baking powder, and salt.
In a separate bowl, cream the butter and sugar until light and fluffy.
Beat in the egg, vanilla extract, and almond extract.
Gradually add the dry ingredients to the wet mixture.
Mix until a dough forms; it should be soft but not sticky.
Roll out the dough on a floured surface to about 1/4 inch thick.
Use cookie cutters to shape the cookies.
Place cookies on a baking sheet lined with parchment paper.
Bake for 10-12 minutes or until the edges are lightly golden.
Allow cookies to cool completely before decorating with royal icing and sprinkles.