Flush cut saw. I've had one for a few years now, but before I learned of them I had some very frustrating bouts with cutting and sanding dowels, splines, etc. I did 17 frames for a friend having an art show and every single one had 8 screw plugs that had to be sawn off and sanded flush. My old solution to avoid scratching the surface was to tape it off. Time consuming, but better than sanding the plugs down from 1/8" inch. Now, I just lay the saw down on the surface and cut away, a couple swipes with the sandpaper and I'm done.
"Live like no one else, so later, you can LIVE LIKE NO ONE ELSE!"
- Dave Ramsey