Preheat oven to 350° F and line baking sheets with parchment paper or silpat baking sheet.
Cream together butter and 2/3 cup of sugar until fluffy. Beat in extracts, then add almonds. Stir in flour and beat til well mixed.
Divide dough in half and roll each half into log 1 inch thick in diameter. Cut each log into 3/4 inch pieces, and roll each piece into cylinder 2 in. long. Place 1 to 2 inches apart on baking sheets and form into crescents.
Bake 15-20 minutes or til lightly browned. Let cool then roll in sifted powdered sugar.
Servings: 12