Preheat oven to 180 degrees. Line or grease a cupcake tin.
In a large mixing bowl, cream the butter and sugar until light and fluffy.
Add the eggs one at a time, beating well after each addition.
Beat in the vanilla and almond extracts.
Put almonds and mix well
In another bowl, whisk together the flour, baking powder.
Beat 1/3 of the flour mixture into the wet ingredients and mix well. Alternately add the flour mixture and milk to the wet ingredients, blending until smooth after each addition.
Fill the cupcake liners about 3/4 full.
Bake for 20-22 minutes, or until a toothpick inserted into a cupcake comes out clean.