Grease and lightly flour a 10-inch fluted Bundt or tube pan; set aside. Combine flour, baking powder and salt in a bowl. Set aside.
Preheat oven to 325 F degrees.
Beat butter and cream cheese using your stand mixer or hand mixer on medium speed to high speed, about 30 seconds or until softened.
Gradually add sugar, 2 tablespoons at a time, beating on medium speed about 5 minutes or until very light and fluffy. Add almond extract.
Add eggs, one at time, beating on low to medium speed for 1 minute after each additionand scraping bowl frequently.
Gradually add flour mixture, beating on low speed just until combined. Spoon batter into prepared pan.
Bake about 75 minutes or until a toothpick inserted near center comes out clean.
Cool in pan on wire rack for finve minutes then remove from pan; cool completely on wire rack ( about 2 hours). Top cake with glaze.