Preheat oven to 375°F (190°C). In a small bowl, stir together flour, baking soda, and baking powder. Set aside.
In a large bowl, cream together the butter and sugar until smooth. Beat in egg, vanilla, and almond extracts. Gradually blend in the dry ingredients. Add buttermilk and mix until just combined.
Roll rounded teaspoonfuls of dough into balls, and place onto ungreased cookie sheets. Flatten each ball slightly with the bottom of a glass.
Bake 8 to 10 minutes in the preheated oven, or until golden. Let cool on wire racks.