Preheat oven to 350 degrees. Grease a 10-inch bundt pan.
In a mixing bowl, combine cake mix, pudding, milk, eggs, and almond extract, for 2 minutes with handheld electric mixer. Pour batter into prepared pan and bake 40-45 minutes or until toothpick inserted comes out clean.
Let cake cool in pan on a wire rack for 10 minutes. Invert cake onto a serving plate. Let cake cool completely before frosting.
For the frosting, beat the softened cream cheese and butter in a medium bowl (to quickly soften the cream cheese and butter, I microwave for 20 seconds in a glass bowl). Add in powdered sugar, pinch of salt, and 1 tbsp milk until smooth. (If you would like a more runny frosting, continue to add milk 1 tbsp at a time, and stir).
When the cake is cool, frost and top with sprinkles. Enjoy!