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Mike Mancini shares a quick five-minute hack for managing receipts, a common issue for those frequently on the go. By collecting numerous paper receipts and digital ones received via email, he faces a daunting task at tax season to sort through the accumulated records. Instead of letting receipts pile up in boxes and folders, he aims to simplify the process to avoid chaos when meeting with his accountant. His tutorial focuses on creating an efficient system to handle receipts throughout the month or year, ultimately easing the burden during tax time.