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Mike Mancini shares a five-minute hack for managing receipts at the end of the month or year. He often accumulates numerous physical receipts from meals, meetings, and other expenses, which he typically tosses into a box. During tax season, this leads to a daunting task of sorting through them. In addition, he receives several digital receipts daily, which he prints and files. By streamlining this process, he aims to simplify his record-keeping and make tax preparation more manageable, avoiding the overwhelming experience of presenting disorganized folders to his accountant.