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Preheat the oven to 350 degrees. Generously spray and bundt pan with cooking spray—don’t neglect the inner tube—and lightly dust with flour. Tap out excess flour and set pan aside.
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Combine the cream cheese and milk in a large mixing bowl. Beat with an electric mixer until creamy.
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Add the cake mix and beat until well combined. Turn mixer to low and mix in the sugar, oil, eggs, almond extract, and salt to combine. Turn the mixer up to medium and beat until smooth. Scrape the sides and bottom of the bowl and beat again briefly.
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Pour batter into prepared cake pan and bake 45 to 55 minutes, until a cake tester comes out clean and the cake is pulling away from the sides of the pan just a bit.
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Cool in the pan for 10 minutes, then carefully invert onto a wire rack to cool completely. Dust with powdered sugar and serve with ice cream or whipped cream, if desired.