Preheat your oven to 375°F (190°C).
In a bowl, mix together the flour, baking soda, and baking powder.
In another bowl, cream together the softened butter and sugar until smooth.
Beat in the egg, vanilla extract, and almond extract.
Gradually blend in the dry ingredients.
Mix in the milk until the dough is soft.
Roll the dough into balls, about 1 inch in diameter.
Place the balls onto ungreased cookie sheets.
Flatten each ball slightly with a glass or your fingers.
Bake for 8 to 10 minutes, or until golden.
Allow the cookies to cool before decorating with frosting and sprinkles.