Adding CNAME record for a domain with subdomain
In this case your custom domain will look like
calendar.yourbusiness.com
Log in to your Squarespace dashboard
Go to Domains and select your domain
Go to DNS -> DNS Settings
Click on ADD RECORD under the Custom records section
Select CNAME as the Type
Add Host and Data
Click Save button
For more information refer official documentation
Adding ALIAS record for a root domain
In this case your custom domain will look like
yourbusiness.com
Follow the same steps mentioned above except selecting the record type
Select ALIAS as the Type
You may have to disable DNS Security Extensions to add the ALIAS record. Read for more info