In a large mixing bowl, cream together the softened butter and sugar until light and fluffy. Add the eggs, vanilla extract, and almond extract, beating until fully incorporated.

In a separate bowl, whisk together the flour, baking soda, and cream of tartar until well combined.

Gradually add the dry ingredients to the wet ingredients, mixing on low speed until a soft dough forms. Avoid over-mixing to ensure the cookies stay tender.

Divide the dough into two discs, wrap in plastic wrap, and refrigerate for at least 2 hours.

On a lightly floured surface, roll out the chilled dough to 1/4-inch thickness. Use cookie cutters to cut out festive shapes.

Arrange the cookies on a parchment-lined baking sheet, leaving space between them. Bake at 350°F for 8-10 minutes, or until the edges are just slightly golden. Cool on a wire rack completely before decorating.

In a large mixing bowl, beat the cream cheese and softened butter together until smooth and creamy.

Gradually add the confectioners' sugar and vanilla extract, mixing until the frosting is fluffy and at your desired consistency.

Spread or pipe the frosting onto cooled cookies, and add sprinkles or other decorations as desired.