This is supposedly the second time that husband and wife have filed for divorce and subsequently called it off, reported Aceshowbiz.
"I spoke to Tish and she told me they both woke up and realised they love each other and decided they want to stay together," revealed Ken Baker, a longtime family friend.
"They recently went into couples therapy, something they hadn't done in 22 years of being together, and it's brought them closer together and really opened up their communication in amazing ways," he added.
The week before that, they were seen together taking a stroll along the Malibu Beach Pier, holding hands.
Billy Ray first filed for divorce in 2010, but withdrew his petition in March 2011.