Prepare Cookie Dough. Cream butter and sugar in a large bowl with an electric or hand mixer until light and fluffy. Beat in egg, vanilla extract, and almond extract.
In a separate bowl, mix together the flour, baking powder, and salt. Add the dry ingredients to the butter mixture 1 cup at a time, mixing in between each cup.
Divide the batter in two balls and set on a floured surface. Roll out each ball with a rolling pin to make each section about 12 inches in diameter and ⅛ inch thick.
Using tree, stocking and present cookie cutters, cut out cookies from the sugar cookie dough.
Dip the cookie cutter in flour before carefully cutting the dough out into each shape.