In a large mixing bowl, cream together butter and sugar until light and fluffy, about 4-5 minutes. Add eggs, vanilla, and almond extract. Mix for 1-2 minutes to combine. 

Add baking powder, salt, and half the flour. Mix on low speed until just barely combined. Add the other half of the flour and mix on low just until combined. Do not overmix. 

Divide cookie dough in half. Roll each portion of dough out onto a piece of parchment paper to 1/4 inch thickness. 

Place both portions of dough in the refrigerator to chill for 30-60 minutes. 

Crush up Jolly Ranchers by color, keeping the colors separated.

Preheat oven to 350 degrees F. Line baking sheets with parchment paper. You will need two cookie cutters - one that is about 1 1/2 inches and one that is about 3 1/2 inches.

One at a time, remove the dough from the refrigerator and use the larger cookie cutters to cut shapes from the dough. 

Place large cookie shapes on prepared baking sheets. Use the smaller cookie cutter to cut out the center of each cookie. The smaller shape can be rerolled with the remaining dough. Continue cutting large shapes until all dough is used.

Bake for 4 minutes then remove from the oven and add one or more complimentary colors of crushed Jolly Ranchers in the center of the cookie. Return the baking sheet to the oven and cook for another 5 minutes until the cookies are very lightly browned around the edges and the candy is completely melted. Do not overbake. 

Allow cookies to cool for 5 minutes before removing them from the pan.