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Mike Mancini shares a quick five-minute hack to manage and simplify the overwhelming task of organizing receipts. He describes the challenge of accumulating numerous receipts from daily activities, such as meals and client meetings, which end up in a box for tax season. Additionally, with multiple receipts arriving via email each day, he often has to print and organize them manually. This results in a cumbersome process when preparing for taxes, as he brings multiple folders to his accountant’s office. The video aims to provide an efficient solution to streamline receipt management.