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In this video, Mike Mancini shares a quick five-minute hack to manage the overwhelming number of receipts he accumulates monthly and yearly. As a busy professional, he receives multiple receipts daily from various activities, such as meals and client meetings. He typically collects these receipts in a box, making tax season a daunting task as he sorts through them all. Additionally, he receives several receipts via email daily, which often require printing and manual organization. This method adds to his organizational burden, particularly when preparing for his accountant at year-end. The tutorial promises a solution to simplify this process.