Best Sugar Cookies

Name: Best Sugar Cookies
Ingredients: For the cookie dough:; 1 cup (225 g or 2 sticks) unsalted butter, chilled; 1 cup (200 g) sugar; 1 teaspoon vanilla extract; 1/4 teaspoon almond extract; 1 teaspoon lemon zest, from roughly 1 medium lemon; 1 1/2 teaspoons baking powder; 1/2 teaspoon kosher salt; 2 ounces (57 g, or 1/4 cup) cream cheese, at room temperature; 1 large egg; 3 cups (420 g) all-purpose flour; To finish:; 1/4 cup all-purpose flour, for cutting out the cookies; Colored sparkling sugar to decorate, optional; Royal icing to decorate, optional