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Mike Mancini shares a five-minute hack to simplify handling receipts, a common challenge for busy professionals. He describes his struggle with accumulating numerous physical receipts from daily expenses, such as meals and client meetings, which he often tosses into a box. As tax season approaches, this leads to overwhelming disorganization. Additionally, he receives several digital receipts daily, necessitating printing and physical storage. By the end of the year, he faces the daunting task of sorting through these cluttered folders at his accountant’s office. The tutorial promises a solution to streamline this process, making receipt management more efficient.