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Mike Mancini shares a quick five-minute hack to manage the overwhelming number of receipts he accumulates every month and year. He frequently collects receipts from various activities such as lunches and client meetings, leading to a cluttered box filled with them. Each tax season, he faces the daunting task of sorting through these receipts. Additionally, he receives several digital receipts daily in his email, which he often has to print and organize in a folder for his accountant. The goal is to simplify this process and reduce stress during tax time by adopting a more efficient method for handling receipts.