Media reported in September that the FA had launched an investigation into Borggrafe over allegations of using discriminatory language towards a teammate, who was not named.
"We have a slight update on the situation, in the sense that the FA has now completed its thorough investigation. They sanctioned the player with a six-game ban," Taylor told reporters ahead of next Sunday's Women's Super League home game against Tottenham Hotspur.
"That ban has been ongoing whilst we've been playing, so effectively she'll be out of the running to be included this weekend, but after that she is available for selection.
"We're happy now that it's completed... we have some actual detail on what it looks like, and all of us can now move on."
Borggrafe, 25, joined Liverpool in July, and has made three WSL appearances for the bottom side.