Preheat your oven to 350°F (175°C).

Cream softened butter and sugar together in a mixing bowl until fluffy. Add the egg, vanilla extract, and almond extract; mix until well combined.

Whisk together flour and baking powder in another bowl. Gradually add this mixture to your wet ingredients until just incorporated.

Chill the dough wrapped in plastic wrap for at least 30 minutes.

Roll out the chilled dough on a floured surface to about a quarter-inch thickness. Use heart-shaped cookie cutters to cut out designs.

Bake the cut-out cookies on parchment-lined baking sheets for 8-10 minutes, or until the edges are lightly golden. Allow them to cool completely before decorating.