An accessory tool for an oscillating power tool includes a mounting portion and a blade portion that extends from the mounting portion. The blade portion includes a first lateral edge portion, a second lateral edge portion, and a leading edge portion. A cutting edge is defined in the second lateral edge portion that includes a rearward facing portion that extends generally laterally from a distal end portion of the second lateral edge portion toward the first lateral edge portion and a forward facing cutting edge portion that extends from said second lateral edge portion toward said first lateral edge portion. The rearward facing cutting edge portion is at least partially interposed between the leading edge portion and the mounting portion, and the forward facing cutting edge portion is at least partially interposed between the rearward facing cutting edge portion and the mounting portion.