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Mike Mancini presents a five-minute hack to manage the overwhelming number of receipts he collects monthly and annually. As a busy individual, he accumulates physical receipts from lunches and client meetings, which he typically tosses into a box. This leads to a chaotic end-of-year tax season where he must sift through them. Additionally, he receives multiple email receipts daily, requiring him to print and organize them. Ultimately, he aims to simplify this process for an efficient tax preparation experience.