Preheat oven to 350 degrees and line a baking sheet with parchment paper (or coat with baking spray).
In a large bowl with a standing mixer or hand mixer, cream the butter and sugar together until light and fluffy, about 1 minute.
Add in the egg, vanilla extract, and almond extract; beat until combined.
Add in flour, baking soda, baking powder, and salt. Mix until just combined, making sure to scrape down the sides of the bowl every now and again.
Roll dough into 1" balls, and roll in sugar.
Place on baking sheet, about 2" apart. Bake for 10-11 minutes, or until cookies have set.
Allow to cool.
Feel free to frost them or cover them with a glaze, if desired.