Beat together the butter and cream cheese until smooth.   Beat in the sugar, then the egg until well combined then add flavorings.  Add flour and baking powder to the bowl.  Slowly combine until flour is mixed in, then mix well.

Wrap the dough completely in plastic wrap and refrigerate until very firm, at least two hours.

Divide the dough in half and roll out one portion 1/4 ” thick.  Keep other portion in the fridge until ready to work with it.  Cut rolled dough into desired shape and bake on an ungreased cookie sheet for 8 minutes at 375 degrees.  Allow them to cool on the pan for about five minutes before moving them to a cooling rack.  Frost when completely cooled.