Preheat oven at 325 degrees F. Grease and flour a 12-cup angel food/tube pan or Bundt pan and set aside.
Cream together the butter and cream cheese. Gradually add the sugar and cream until fluffy.
Add eggs, one at a time, mixing well after each egg. Add the vanilla and almond extracts and mix well.
Add the cake flour, one cup at a time, mixing well after each cup. (Be Careful that you Do Not Over Mix the Flour)
Pour the batter into the prepared pan and abake at 325 degrees F. for about 1 1/2 hours or until a cake tester inserted into the cake comes out clean.
Cool for 10 minutes before removing from the pan. Makes 12 - 16 slices.
For special occasions I put a light chocolate glaze on this cake.
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