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At the end of each month or year, dealing with boxes of receipts is a common challenge. Mike Mancini shares a five-minute hack to solve this issue. Being constantly on the go, he accumulates receipts for various expenses. The problem arises during tax season when he has to go through all of them. Additionally, receiving multiple receipts via email daily adds to the burden. Streamlining the process by organizing receipts efficiently can save time and hassle during tax season.