The Welsh international full-back has been sidelined since September with a broken ankle sustained in the 2-2 draw with Sunderland.
An original diagnosis predicted that Taylor would miss the rest of Swansea's campaign, but his recovery has been quicker than expected.
The 24-year-old is scheduled to rejoin training next week and hopes that, after a couple of run-outs for the reserves, he will be available for first-team selection before the 2012-13 campaign is over.
"I want to slowly integrate myself back in the squad, pick a reserve game and see where we go from there," Taylor told Wales Online. "We've got quite a few reserve games in March, so it's a case of getting fit and see how many minutes I need.
"It's a big boost but I'm still not going to get ahead of myself. I want to see how I react in training and play 20, 30, 40 minutes. These are all hurdles I have to cross, and once I do I'll declare myself ready to be selected for a matchday.
"I've got to see how it goes but the idea is to play some Premier League games before the end of the season."
Taylor, who was a part of Team GB's football squad at the London 2012 Olympics, joined the Swans from Wrexham in 2010.