The Welsh winger has netted six of Spurs' last seven goals and has played a prominent role in the north London club's bid for a fourth-placed Premier League finish this term.
But Taylor insists that the Hammers will not focus solely on the 23-year-old during Monday evening's meeting between the sides at Upton Park.
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"But I wouldn't want to suggest that Tottenham are a one player team because they're not.
"They've got lots and lots of exceptional players and we've got make sure that we keep as close an eye on those players as we can. But also go and do our stuff as and when we get the chance.
"The main thing for us on Monday night is to try and worry about ourselves, we understand that Tottenham have got lots of fantastic players and they are a great team but we're not bad ourselves.
"Everybody at the club at the moment is in a positive frame of mind and in good spirits and that for me is a fantastic thing. Everyone's full of confidence and morale is high, so hopefully we've got a good end to the season coming up."
Taylor also revealed that his team-mates are keen to make amends for their 3-1 defeat to Spurs at White Hart Lane in November.
He added: "It's a local derby and we want to overturn what was a disappointing result at Tottenham.
"We're at home and I'm sure it will be a full house and the fans will get behind us. If we can emulate the performances that we've produced against the top teams this season at Upton Park then hopefully we'll get a good result.
"The fans have local pride at stake, as do we as players. Because football's a small world, even amongst the players. The fans will get themselves up for it, I know it's an old adage but they can be the 12th man.
"I'd like to think they appreciate our efforts in every game. While we might not always get the results we deserve, each and every player when they pull the shirt on works 100 per cent for the team.
"That'll be the case on Monday night and they'll get right behind us."