Seacocks word to the wise.
To answer this I would need to know which seacock/through-hull you are using. With Marelon ones we just cut them on the bandsaw. I have cut them with hacksaws as well. I've never threaded a nut on first-- never needed to with Marelon. I do what Wayne suggests and knock off the edges of the raw threads with sandpaper to ease the assembly.
Cutting a little short is better than cutting a little long, of course-- once you get out the 5200 you're sort of committed and it's a mess to return for more sawing. The Marelon OEM variety are meant to be seated against the hull and held there by the threads; so the more inside the better. They do not generally require Teflon tape but it can't hurt.
The Marelon aftermarket variety are made to use three bolts into ears in the flange. Most metal ones are as well. These are crucial too and should be matched to the material-- bronze on bronze. Do not torque them completely on the first day but allow the 5200 to set a few days. (This is why Forespar make OEM-spec seacocks, to expedite production.)
The best backing plates are of fiberglass, bonded with either 'glass or 5200. If using 5200 these can be installed during the same process as the seacock and through-hull. Make sure all fits work when dry first.
Avoid anything like a ball valve that screws onto a separate through-hull after the through-hull's been installed. I have a Marelon one like this and did use it; but though Forespar promise it's plenty strong enough it's not how I'd have preferred it. It's better to have the security of the seacock's base against the backing plate.
Also avoid ALL brass through-hulls, gate valves, and anything from Lowe's or Home Depot for anything that might be ever underwater (meaning everything on the outside of the boat). Your only sensible options are Marelon or marine bronze, properly installed.