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Mike Mancini shares a quick five-minute hack to manage the accumulation of receipts at the end of each month or year. He explains that, as a busy professional, he constantly collects various receipts daily, both physical and digital, which leads to a cluttered box filled with them. During tax season, he faces the daunting task of organizing these receipts. To alleviate this hassle, he aims to streamline the process, suggesting a more efficient method for handling receipts to simplify accounting tasks throughout the year. This approach not only saves time but also improves the overall management of business expenses.